STI

STI is hAving an opposite direction versus US Dow Jones index.


STI is on a Bearish downtrend mode and is on the verge of further melting down.

I think at this point of time, is Good to focus on those counters that are still on the uptrend mode in order to enhance the probability of winning the trade.
If not, I think it is ok to stay sideline!


Short term wise, I think breaking down of 2500 level may likely see further selling down pressure towards 2485 then 2400 with extension to 2385 .

Not a call to buy or sell.
Pls dyodd.