SgTraderClub Weekly Stocks Updates: STI at 2780 Support. Again.

Wednesday, November 16, 2011

STI at 2780 Support. Again.

STI 2779,-32 points(2.57pm), it opened gap up to 2830 and all the way down to fill the gap in between 2790-2827( Friday and Mon). Everywhere looks frustrating, HSI lost 520 points and lost 71 points so far.

Today's big red candle looks pretty bearish. If 2780 lost, we would see more downside ahead.

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