Last week the equity market retraced a bit, the dollar up, the equity market will down. Take a look at the dollar index chart below, It was still well capped in the downtrend channel, has tested its first resistance level(R1) 78.3 for few times and trying to break above it. The next major resistance level is R2 80 level.
As for the equity market, the general uptrend is still well intact, it's not the end of bull run yet. Anything retraced back into support area will be our long enter opportunities. Below is the STI charts with its three support levels.
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