China's Nasdaq-styled market.

China will launch its long-awaited Nasdaq-style ChiNext board in Shenzhen at the end of October

The Shenzhen Stock Exchange (SSE) said Sunday that the first batch of 28 firms is scheduled to be listed on China's Nasdaq-style on October 30. Shang Fulin, chairman of the Chinese Securities Regulatory Commission, the country's top industry watchdog, said Saturday that the GEM would be launched on October 23.

The companies approved are in the fields of new energy, logistics, outdoor activity equipment, bio- engineering technology, software, medical equipment and medicines.

Despite repeated risk warnings from the regulator, investors' enthusiasm is growing as the opening of the GEM nears.

The Dow Monday,19/10/09...24days to next Index Futures Expiry.
Asian Index Futures:-9 more days to Expiry.
9:30am:--Bullish mild start.

About 400 companies will be announcing results this week.

10:30am:--Bullish spike-up to hourly high.

The U.S. dollar has slipped deeper into the red.

11:30am:--Another high with shooting star.

Many participants have been selling the news of positive earnings surprises from financial outfits ever since Goldman Sachs (GS 186.23, +1.86) beat expectations last week.

12:30noon:--Pullback,no way to reach session MAV.

Commodities are sporting strong gains.

1:30pm:--3 ascending soldiers..peak.

Caterpillar to release its latest quarterly results tomorrow morning before the opening bell.

2:30pm:--Bearish engulfing.

Fed Chairman Bernanke stated that the United States has benefited significantly from Asia's rapid development.

3:30pm:--Pullback to bull pivot support.

Fed says that the fortunes of the United States, Asia, and the rest of the global economy are intertwined.

4:00pm:--Bearish spin.

Follow through weak opening.
The current bull run is still 331.89 points (10,449.85) to reach the next resistance level.

This should not be a problem in view of the thin daily volumes along the way.
Investors were getting more optimistic now with the slew of earnings ahead.
Crude Oil was pushed higher on Monday, following the stock market and extending last week’s rally.