For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

The Secret Recipe: Trading Success = Winning Trading System - U


Wednesday, November 23, 2011

STI Losing 2694 Key Support

STI did not continue its rebounce as I expected, the US bank test adds to bank woes(click here). The three local banks has dropped more than 1.5% as I'm writing now. DBS dropped to its three weeks low.

As a key pivot level, STI is losing 2694 support. The uptrend is over if it closed below this level today.

No comments: