STI formed a doji candlestick this week( not a perfect one though, 2 points difference between open and close), after it retraced back for two weeks. I'm seeing this as a bullish reversal signal. Confirmation comes if STI can trade above 3031 in coming week. near term target for STI will be 3088( don't want give a too target too far away).
US market three major indices all are bullish, SPX and Nasdaq already break previous high, while Dow Jones at resistance level. Bullish if the indices can hold this level.
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