SP500 (SPX) & STI - Trader Stock Market Trend

SPX on low volume trading 1132.09 to 1150, and close at 1147.70. Trader stock market trend aligns to my posting yesterday. Traders today will be either short SPX down or buy in volume to trade the stock market trend up. Likely consolidate in the 1st half and follow by Higher volume, and traders push up the stock market index above 1150! 1200 will be the likely short term top in early October.

BDI seems to be reversing - traders will be watching closely this sector stock market trend! RSI crosses 50, shipping related stocks will be bullish.

STI buy on dip - Shipbuilding and shipping blue chips! Traders monitoring closely both Sembawang Marine and Keppel Corp (shipbuilding) on Petrobras "fat" projects award soon, and NOL (shipping). Stocks in this sector will trend up from mid October onwards.