DBS on a sunny island... setting into the sea

By Auguraltrader
DBS, a big component of the STI (Straits Times Index) finds itself on an island (yellow circle)

This is precarious... a drop below the current support will result in a decent retracement.

MACD and Relative Price Strength already turned down... so it is held up with very little.

Be aware, beware!
BANKChart PatternsD05DBSTechnical IndicatorssingaporeSTIstraitstimesindexTrend Analysis
Auguraltrader

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