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Global Indices

 

Dow Jones Industrial

The Dow Jones Industrial just broke up of the 11222 resistance level for a new high since April. Next strong resistance should be around the 11800 level. 11222 is now a support level. US market looks good for the near future.

Hang Seng Index

The Hang Seng Index has also just broke out of the ascending channel. Strong resistance should come in around the 25000 level. Hong Kong market upside seems to be limited for now.

Straits Times Index

Still trending upwards within the ascending channel. Resistance should come in around 3270 level. Limited upside too

Article from my blog The Stock Trading Advisor