The current STI index is at 3205 is staying below its SMA lines looks rather negative and may likely continue to trend lower.
The 200 days moving average is at 3185. Breaking down of the recent low of 3198 plus going below 3185 would be super bearish!
Short term wise, I think it would likely retest 3198 then 3185 with extension to 3100.
Current market is on a downtrend mode.
Practically downtrend for most of the blue chips counter! Shortist advantage.
Can wait to collect cheap durians like Capitaland 2.80-3.00, Keppel Corp 5.50-6.00, sgx 6.80-7.00, ETF 2.90-3.00
Not a call to buy or sell.
Pls dyodd.
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