STI overall uptrend is still intact, it hit support level 2940 this morning and rebound a bit. I'm watching STI immediate support 2940-2930 for the time being, my bias is upside as long these two levels are hold.
Wednesday, July 11, 2012
STI Retreated
Morning everyone. I was rather quiet over past two days. STI hit 2980 high on last Friday and retreated on Monday, a very challenge market now as it may go sideway or retreat,--- after five weeks run up. I'm waiting for a clearer direction.
STI overall uptrend is still intact, it hit support level 2940 this morning and rebound a bit. I'm watching STI immediate support 2940-2930 for the time being, my bias is upside as long these two levels are hold.
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STI overall uptrend is still intact, it hit support level 2940 this morning and rebound a bit. I'm watching STI immediate support 2940-2930 for the time being, my bias is upside as long these two levels are hold.
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