Friday, March 30, 2012
Been observing the market recently and the STI is range bound, unable to break out from 3030 resistance.
Also noticed that property counters in STI are having a strikingly similar ascending triangle chart patterns...meaning breakout soon (or breakdown)?...lets watch and see if STI cracks 3030 resistance.
Personally, I have a bullish bias as ascending triangles are supposedly bullish chart patterns. Time will tell and trade safely!