Monday, February 11, 2013

Singapore's Straits Times Index ($STI)

Singapore Straits Times Index: Weekly close @ 02/08/2013
A change of pace with the $STI, what with talk of China's recovery & Japan's old- style 'fix' with a weak Yen, is the STI telling us (with an Outside Down Week) that that which helps Japan (weak Yen) may NOT assist the cause for the rest of Asia (a la 1996/97)?
The trending DMI/ADX offers the 'au contraire' viewpoint as it still says 'higher'.
We'll see soon enough.