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Friday, 21 December 2012

FTSE ST China Index: 21 December 2012, Friday, 4.15am Singapore Time

FTSE ST China Index: 21 December 2012, Friday, 4.15am Singapore Time

As above analysis, buy China Index.

8 months of market accumulation (BLUE dotted rectangular structure), double shake-outs, coupled with double strong supports (RED supports) and another double layer of minor supports (PINK supports) provide enormous amount of fuel for more up-thrust actions.

On entering YELLOW region, the actions are always spike-ups and spike-downs. This is a zone of sublimation, a zone where solid sublimes into gaseous state directly.


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