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Singapore STI - 24 July 2009 & CSI Scans

Sunday, July 26, 2009 , Posted by InvestorTrader at 11:34 PM

STI weekly chart - STI has now broken back above the uptrend line. Observed that even though volume over the last 3 weeks is convergent with the increase in price, there is actually a divergence on a slightly longer time period (shown by the black arrowed lines). Usually this indicates weakness in the rally.

Position Trading using MetaStock CSI system scan:
Charts of a couple of the above scanned stocks:

Wheelock Prop:

Keppel Telecom:

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