STI Outlook

Good morning everyone. I had rather few posts for the past few days. STI had been sideways for the past six trading days, kind of frustrating days if you are in the market.

Here's my general view for STI: STI in downtrend, the rebounce is rather weaker as compare to US market( or no rebounce yet, in sideways trading), current support is at 2700-2720 range, further downside IF it break below this level. To upside, the gap resistance is capped at 2816 level.

I will look for blue chips for a quick rebounce in coming days.

Stocks I'm looking at: kepcorp, HKland