STI managed to closed just above 2900 after went down as low as 2887.82, it closed at 2903.6, my Friday Indicator levels for this week:
61.8%: 2927
50%: 2919
38.2%: 2912
I'm bullish if it closed above 2919 today, bearish otherwise.
At the same time, for mid term indication, since STI started to drop over past two weeks, I have levels for the past two weeks range as well:
61.8%: 2965
50%: 2951
38.2%: 2918
Friday, May 11, 2012
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