Monday, July 24, 2006

Day trading watch list: 24-Jul-2006

First hour trading shows a pretty clear picture for SG futures market. Here is the summary. At this point of time, I would only looking at Short opportunity.
Intraday Trend MSCI Taiwan Index Futures MSCI Singapore Index Futures
Longer term
Down
Down
Medium term
Down
Down
Short term
Down
Down
Recent High
261.1
278.8
Recent Low
256.4
276.8
Trading direction
Short
Short
SIMSCI only serves as a reference for the time being. I am not trading SIMSCI for the time being until I see improvement of volume and volatility.

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