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Friday, December 22, 2017


STI - after hitting the high of 3469.3 on 14th Dec 2017, it has since corrected and retrace lower to touch 3380 on 21st Dec 2017. This is rather bearish!

The current price is hovering below the 20 & 50 MA which may provide further indication that  the share price may continue to go lower.

Short term wise, i think likely to retest 3330 the 3275 with extension to 3200.

Not a call to sell or buy.

( trade base on your own decision)

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