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In the last analysis, three days ago, we see the was a morning star. … But, the PA did not move as expected. See the posting for details,
Straits Times Index Update | November 17, 2015.
The PA (price action, index) retested the last low and again. The two morning stars are invalid. Will if the PA continue to fail to breakout the support, there is a potential to move north. It is wise to wait, to wait for the confirmation; the PA closed above the previous high as see in the chart.
Straits Times Index ^STI Update – November 20, 2015
November 20, 2015 Straits Times Index Daily
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Moses STI Scan
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