Uptrend to continue for SiMSCI

Thursday, January 20, 2005

The SiMSCI looks like gathering strength around 250.0 level before resuming the uptrend. Overall, the trend is still up and I am looking to buy around 249.8 to 250.5 and I will place my stop at 248.3.

Nikkei 225 trend is pointing up too. I will watch the US market closely to decide on my setup for Nikkei.