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

Sunday, June 7, 2009

STI



STI moved to "Bullish" phase on 29 May 09. The last time the index moved to "Bullish" stage is on Oct 07.
Analysts are still debating on whether this is a bull or bear market rally. But judging on the phase chart, it is clearly showing an uptrend.



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