Weekly Wrap

For the week ended Jun 20, the green and red are clear in the table below--green for the US three, and red for the Asian three indexes. It's a indication of funds flow direction.

STI had its five week low on CLOSE, with biggest weekly drop in three month. The bulls are losing steam and STI facing short term retracement though major uptrend is still intact.

STI next support will be 3250, then the gap support between 3235-3221.