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 ↘️
Related publications
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.
Related publications
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.