Still a way to go before resistance and
Market breadth starting to turn positive.
Still nothing spectacular.
double bottom potential. Breakout at around 101.
Very nice triple bottom, breakout, pullback
and turn. Volume could be better. But it's still
Bottom on falling volume and resistance is
questionable. Breakout from the yellow resistance would
Big top or channel?
Bottoming persuasively would require a
breakout above 1.24. Otherwise the top scenario
Breakout from the orange resistance is
Needs to breakout pink resistance
to remove the question mark. volume could be better too.
Nice surge of volume
supports the bottom in pink. Expect breakout
either now or in a few months.
Nice bottom on support
with rising volume is bullish.
Bottom forming on good
support gives hope for a breakout.
SET rallies on good
volume. Might require a right shoulder, as
suggested in pink.
Nice surge in volume supports the
bullish pattern. Expect breakout either now or in a
Log target already reached. Resistance at 180.
Very nice bottom forming on three year
Good volume. Resistance at 17,500. Might need
another shoulder. Let's see what happens at resistance.
Very persuasive bottom with breakout and
excellent volume. Target is around 48. But resistance
would be much higher, around 55 - 65.
Nice bottom in blue. Larger bottom in pink
would require more volume to be persuasive.
Local rate breaks out. Very nice bottom.
below current o 4th March:
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Support in pink. Previous bottom in 2008
too a bit longer to form. I wouldn't rule out
another test of the low of last month.
S&P PE right on the multi-decade
Resistance at 17,500 to 17,600.
Nice turn for the index.
Resistance approaching in orange.
Hang Seng is now testing its
historical PE support.
The market has rallied and the PE
for the SET has fallen, suggesting improved
Long term support in green.