Traderswin Futures Trading: Not so bullish .. yet. SIMSCI , HangSeng : 18-May-2006

: Name: Traderswin- trading Mushu

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Thursday, May 18, 2006

Not so bullish .. yet. SIMSCI , HangSeng : 18-May-2006

This is daily chart of HangSeng Futures. Yesterday's gain did not give me too much bullish sign. Instead, correction doesn't seem to be over just yet. Sentiment indicator is still in negative zone.

This is daily chart of Simsci futures. Similar to hangseng, I am not so bullish now. The straight trend line of recent uptrend seems to be resistance now. Sentiment is still negative.

With Dow Industrial fell another 214 points, how bullish the sentiment can be today? I am watching for intraday trade opportunity today.

Have a profitable day.

Traderswin