Saturday, January 14, 2023

Dow Jones STI - 13 Jan 2023

What does this stock chart says?

DJII is at the TOP, 35000 resistance is nearing.  Now is a high risk zone.  Of course, high can still go higher.



STI the right side chart looks bullish.  Take note that 9 Jan 2023, break out was not successful.  3300 remains a strong resistance.  What cannot goes up, likely will break down.  Anyway, market can do the unexpected but the risk is higher now.

Based on the DJII and STI, it for me to keep out unless there is a strong break UP.





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