The STI short signal on the 4hr charts issued on 271020 gave traders 2 days to prepare their shorts and trim positions.
The STI short signal on 281020 the day charts was the last line in the sand to trim positions.
STI gapped down on 291020 to test 2448. A break and hold below 2448 will test 2200.
Only a break and hold above 2509 will resume ST selling pressures.
The STI has been on a MT/LT DOWNTREND SINCE THE SHORT SIGNAL WAS ISSUED ON THE WEEK CHARTS ON THE 5TH OF OCT 2019 LAST YEAR.
The STI short signal on 281020 the day charts was the last line in the sand to trim positions.
STI gapped down on 291020 to test 2448. A break and hold below 2448 will test 2200.
Only a break and hold above 2509 will resume ST selling pressures.
The STI has been on a MT/LT DOWNTREND SINCE THE SHORT SIGNAL WAS ISSUED ON THE WEEK CHARTS ON THE 5TH OF OCT 2019 LAST YEAR.
Quant Strategic Singapore