Straits Times Index 2013 End of Jan Charts
No comments, just charts.
Long term trendlines – breakout upside bounce off support line.
2009 Year Range (Blue lines) with 25% expansion highlighted (Red horizontal line).
2012 Last Quarter Range (Purple), 2012 Dec Range (Green), Defend of 2012 Year / Quarter / Last Month Close (Blue Arrows), Measured Move Target (Dark Red)
Always view charts from the highest timeframe going down to the lowest ones that matters to you.
Higher timeframes provide the context.
Lower timeframes provide the details of the story.