April 1, 2016
In additional from the last analysis, on inverted Head and Shoulders. When we look back from 2010, we see the index keep forming high low, but the trend has broken out in 2015, the price action is now lower than the last low. If the trend continue, the reversal has confirmed.
Straits Times Index, ^STI
ABCD Chart Pattern – ^STI
Picture worth a thousand words, what is your conclusion? Buy or Sell?
Moses Stocks Analysis and Scan
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