Otherwise, the EWS SG Singapore ETF, is technically challenged, with imminent downside.
1. Lower high made, and a possible imminent lower low to come in the next weeks. Breakdown below the red line is a lower low; 2. Downside target 1 hit. One more much further; 3. Last week's candlestick has momentum for more downside; 4. MACD crossed down and below zeroline; and 5. VolDiv continues to deteriorate...
All these points to breaking a lower low, and thereafter more downside to the lower target