Thursday, July 20, 2006

Day trading 20-Jul-2006

We have 3-digit gain , over +200 points in DJ last nite. It is likely to have some bullish hangover in Asian markets. SIMSCI volume is building up in the first half an hour, though it is still not impressive. Chart wise, I would prefer SIMSCI over TIMSCI for day trading today. I will be looking at Long only for this morning.
Here is the summary
MSCI Taiwan Index Futures MSCI Singapore Index Futures
Longer term
Down
Lateral
Medium term
Up
Up
Short term
Up
Up
Recent High
265.9
287.1
Recent Low
N.A
N.A

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