The STI has broken the range on the downside with sell signals on the short term charts on both the 4hr and day charts at 2987-2963 from 260121. The immediate target will be 2780, the pivot point on the weekly charts providing critical support.
Short term trend DOWN since 260121
Medium trend UP with 2780 as support
Long Term trend DOWN since 011018
PIVOT 2967
Short position below 2967 target 2780 and 2716
Long positions above 2967 target 3108 and 3270
Comments