Description
⋅ The Singapore Straits Times Index (STI) Daily Diagram Technical Analysis Training shows the following:
The STI index has reacted towards to EMA 200 last Friday. The index is under the KUMO, the Kijun Sen & Tenkan Sen too.
So the first think in mind seeing the diagram the 3287 approach. MACD and RSI tries for bullishness but are still bearish.
There is a bullish engulfing. The index is exactly on the EMA 200 resistance.
There is no special pattern. The fib technically shows the levels.
Long for 3287. Stop loss under the 3235.