STI (SG) to pull back from top
Quite clear...
The EWS (tracking the STI, Straits Times Index of Singapore) pretty much topped as the MACD crossed down, with the VolDiv converging.
Looking for a reversion to mean, 5-8% down.
Watch the support level over the next week.
The EWS (tracking the STI, Straits Times Index of Singapore) pretty much topped as the MACD crossed down, with the VolDiv converging.
Looking for a reversion to mean, 5-8% down.
Watch the support level over the next week.
Note
TA DA!Oh... oops, broke below mean.
Now looks worse than expected.
Likely looking for 17.65
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.