Legend For Phase Chart:
1: Recovery-1: Warning
2: Accumulation-2: Distribution
3: Bullish-3: Bearish

Wednesday, March 5, 2008

STI Phase Analysis Updates



STI is still in Bear phase. If you look at the charts, the STI Bulls had a good time few years back. It is yet to be seen whether this Bear stage will be a short or long one. But judging from problems we still have in US, it may take 6 months or more for the market to starting turning up.

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