Last Thursday's Drop is really wild,due to system glitch as said. Whatever reason, it really does not matter. We are way down a lot, if it slap back to the upside, I'm looking at to which level it might be shoot up. It's 1152. Currently it's sitting above its 200dma 1095, a major support. And if the situation looks bad by most of traders-- a break down this support 1095 will trigger massive selling pressure.
okie, I'm run out of time at this moment before market open for singapore market, a quick note here( I need to solve the problem and try to post early, give me some time)
STI hit gap support last friday and bounced back to upside. If it were continue rebound, the target level is 2888. Anything I will be talking to the upside will be short term-- probably it would run up to 2888 and stall.
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