or war. There is also sign of oil prices on the rise. Industries that are likely to benefit from this month’s energy would be metal and wood.

13 July – 17 July

Market is likely to slow down this week. 16 and 17 July show potential for some strength due to the

hour’s elements influence. Market is likely to experience

some volatility during these two days.

20 July – 24 July

Market is likely to have strength for 20 and 21 July while the rest of the week shows signs of slowness.

27 July – 31 July

28 and 31 July are likely to be the most volatile days in this month. The market is likely to experience

huge impact during these two days. The

strength.

rest of the days in this week are unlikely to show

Feng Shui Advice:

Wealth star can be seen at the South East sector,hence use this sector for all financial decisions.

Place a water feature to usher in the positive chi.Avoid using the North, West, North East and East

sectors for all important matters as they are likely to bring potential setbacks, betrayals and disputes.

North West sector brings recognition. Use this sector especially if you are going for an exam or interview.

Helen Ong

Disclaimer: The above forecast and analysis are for your alternative views. The author or the company

should not be held responsible for any damage or losses in your ventures and investments.

Hong Kong's Hang Seng Index reclaims 19,000

Hi richtan,

Thnx a lot.

Hi shweli,

Yes, by the "Rules of Recognition", but it does not necessarily means it will turn down, just a warning of caution, as by the rules, "confirmation is definitely required" , which means it must be followed by a lower high n lower low candle to validate the reversal.

Rules of Recognition:

1. The small real body is at the upper end of the trading range.

2. The color of the body is not important.

3. The long lower shadow should be much longer than the length of the real body, usually 2 to 3 times. (fulfils this criteria as it is at 1.8, close to 2 times)

4. There should be no upper shadow, or if there is, it should be very small.

Hope my explanation helps.

Hi richtan,

I m a newbie. STI on 17 july 09, is it Hanging Man?

cheemeng,

Sorry for the late reply.

Yes, des_khor had replied correctly, the horizontal line is the 2424.

Ascending Triangle are formed by price consolidations bounded by an upward sloping support line and almost horizontal line.

This indicates that buyers are more aggressive than sellers are,just a temporary interruption.