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Thursday, October 22, 2009

Straits Times Index

STI dropped back below 2700, and closed at 2692 yesterday. When market didn't have the strengh to continue climb up higher, I'd better believe I am wrong to long and market is right. market is always right. STI left two days for the week, if it closed below 2700 this week, emm...then the resistance of 2700 is still valid.

The support levels I'm wacthing closely for this two days are 2,680 then 2,668. This are the levels that it could possible turn around.

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