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Wednesday, December 8, 2010

Straits Times Index - H&S TOP Update

"Markets like order."

So how is the making of the Head and Shoulder Top Pattern in the Straits Times Index progressing?

Wow! Looks orderly! It took 10 trading days to form the Right Shoulder (half). Today, Dec 8 2010 is the 10th trading day in the making of the Left Shoulder (half).

So is "Singapore" ready to start completing the final half of the Left Shoulder?

Will the STI Head and Shoulder Top Pattern be made orderly as projected in the chart?

Or will it fail?

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