Investing with insight
India took a sharp dive over the last 3 days. Last week was a taper off. Is this a turning point?
The fall had fallen through the up-channel that the market is moving along since August. If you had brought into the market earn, it is still a nice profit. Be ready to take it off the table.
BSE Sensex
Chart from Yahoo Finance
The Korean market took a dip. Bullish trend is still intact.
Korean market had done extremely well over the 4 years. The way up was a little bumpy. Nevertheless, better than a smooth way up which si more often accompanied by a quick slide down.
Hold on and see.
KOSPI Composite Index
Chart from Yahoo Finance
While other Asian markets are taking a breather, Japan is edging up. But it looks like it could be a right shoulder forming.
A clear break above 17000 would cheer the bull on.
Nikkei 225
Chart from Yahoo Finance
STI is moving closer and closer to 3000. Fundsupermart predicts it will cross 3000 by year end. Do you think so?
Straits Times Index
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