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Thursday, September 29, 2011

STI "go home" Now

STI opened lower and rebounding after that for the whole morning session, playing "go home" (2715-2730 resistance as mentioned in two post back). Now it at 2705( previous gap resistance 2705-2715).

As long as it stayed above 2700 by tomorrow(Friday) close, we will have a bullish reversal candle at support level.( Please refer to my post on Tue). It's all about numbers and levels. I didn't enter to short as planed, as I see the stocks did gap down lower on opening, and there's a chance for it to fill the gap.

Will update you again.

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