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Auguraltrader
Aug 23, 2023 1:20 AM

Singapore STI ETF (EWS) - Royal Flush Part IV 

iShares Inc iShares MSCI Singapore ETFArca

Description

As previously posted, BEAR. The thing is, since the last post, the EWS (and other indices) made a sucker rally that pulled in the bulls. And a few weeks later, they burned.

This time, the burn is shown by a failed breakout that is followed through the other side. Technical indicators are now in full support as cross downs are registered. Critical supports are broken. New downside targets shown.
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