September 25, 2016
Straits Times Index Charting
We see fail ABCD chart pattern, ^STI is going sideways, or ranging. So, short resistance and long support will be the strategy for now.
^STI was working hard toward north, after the bearish close below the peak. The index remains bearish for eight weeks. Wow!
The level must be a critical, as a retest of the same level happened.
Have fun!
Moses Singapore Stock Analysis
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