Bullishness Rages Across Global Markets!

Bullishness spreads across global markets yesterday when US Markets were closed for Martin Luther King day. In many ways, this is also a sign that expectations are for the US Markets to continue its bullishness as it has been known for decades that many asian markets like the Singapore markets rise and fall according to the expectations in the US Markets. Let's see what happens today when market opens.

Last week was an important week for the markets technically as it was a week where all major indices made committed breaks to upside and out of their neutral channels. With short term market momentum turning to upside, we can expect the bullishness to rage on through the week this week.