The retracement levels:
3045( 61.8% fib, weekly PP @ 3050)
3032 (50% fib + 50 DMA, weekly S1 @ 3025)
Tuesday, September 18, 2012
STI at 3088 Resistance
STI hit high of 3088.35 yesterday, 0.1 points below this year high 3088.45 on 14th Aug. I have mid term bullish view but also prepared for a possible retracement or sideway in short term.
The retracement levels:
3045( 61.8% fib, weekly PP @ 3050)
3032 (50% fib + 50 DMA, weekly S1 @ 3025)
The retracement levels:
3045( 61.8% fib, weekly PP @ 3050)
3032 (50% fib + 50 DMA, weekly S1 @ 3025)
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