STI - Expect more downside risks
An update from previously posted Alert on the Straits Times Index (STI) as it is about warranted time.
The STI had closed the last 4-5 DAILY sessions below the 55EMA, and this morning saw a gap down, pushing the morning session for recent lower lows.
The MACD had crossed into the bear territory and we are looking at 2500 as the next support.
Bearish ↘️
The STI had closed the last 4-5 DAILY sessions below the 55EMA, and this morning saw a gap down, pushing the morning session for recent lower lows.
The MACD had crossed into the bear territory and we are looking at 2500 as the next support.
Bearish ↘️
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