Asia’s current situation is showing a great bear sentiment in the market as the debt contagion continues to spread throughout Southern Asia. Our view for Asian Indexes is that the governments are using every tool/resource available to prevent a financial collapse by enacting a very bold and expensive initiative to expand trade and other infrastructure projects across the newly developed world.
SG30 is looking very good for a short trade, to reach the previous support levels.
Target prices : @263, @238 and @203 $
Stop loss : @299$
Please be aware of the fact that this is just a forecast and due to the volatile market conditions, can be changed. Always consider your own risk:reward ration before entering a trade.
Stay safe !
SG30 is looking very good for a short trade, to reach the previous support levels.
Target prices : @263, @238 and @203 $
Stop loss : @299$
Please be aware of the fact that this is just a forecast and due to the volatile market conditions, can be changed. Always consider your own risk:reward ration before entering a trade.
Stay safe !