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In our last posting on Straits Times Index scan and analysis, we do not think Straits Times Index STI can continue to travel north as the price action was near significant level. We also felt even if it happen, price action should retest different level before can meet the last high since 2014.
True enough, our analysis was correct.
If you are true TA, you are able to do this.
June 16, 2015 Straits Times Index
Price action is below moving averages, River is pointing down at 5 o’clock. It is unlikely the trend will be bullish.
June 16, 2015 Straits Times Index, STI
The last posting
You can read about other Singapore Stocks scan in this website.
Thanks for visiting the website.
Moses
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