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Wednesday, August 16, 2023

STI index - Looks like it has fallen into the bearish zone likely to see further weakness!

 Today it has broken down the 3200 support turn resistance level looks like this Bearish mode may continue!




Chart wise, bearish mode!

It has broken down the support at 3260! 



Short term wise, it my likely retest 3200.

Breaking down of 3200 plus high volume we may see her going further down to test 3126 than 3100.

Not a call to buy or sell!

Please dyodd.

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