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Friday, August 18, 2023

Straits Times Index (STI) - bearish mode, likely to test 3126 than 3100.


STI continues to trade lower today,  she is down 22.82 points to 3173.

Short term wise,  likely to go further down to test 3126. 

Pls dyodd.

 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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