Straits Times Index Scan
STI daily scan, Straits Times Singapore shares benchmark, Straits Times Index, STI open at 2771.46 points, the market opened slightly lower from the last closed of 2773.36 points. The bear chase the index lower to 2751.77 points, but the bull fight back. Bear still won at last. The market closed at 2766.23 points which is 7.13 lower than the last closed.
Remember, in our last analysis, we said “before the index can move higher and further, it has to pull back first to build enough ‘energy’.” Will this prediction come true, let watch the index for the rest of the week?
Disclaimer
The information presented here is for illustration purpose. It is not meant to be used for buy or sell decision. It is solely the author analysis and opinion about the market. We do not recommend you trade base on what you read here. If particular strategy, technique, trigger are mentioned, they are meant as demonstration how it being used by some trader and investor.
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