SynapseTrading

Straits Times Index (Daily Chart) - Very Bearish

Kort
TVC:STI   Straits Times index
Since my last call to short (on my blog and during my events), the STI has fallen about 5.5%, and has corrected 13.3% from the highs.

This is the reason why I am bearish on Singapore stocks and have liquidated my portfolio a long time ago to focus on the US markets.

I have a feeling price will continue falling until the 3000 support level. I will be watching to see once it reaches there.

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