Straits Times Index

November is finally over, it's a rather painful month as the shooting star shows many have been trapped along the long tail. Take a look at the STI monthly, weekly and daily charts respectively. On monthly chart, it's fairly bearish but it has be confirmed by December, will the conventional "Christmas Rally" save us? Let see.

STI (monthly): Bearish

STI weekly: Neutral

STI Daily: Bearish