Updated STI Chart
No change in my view on the market, just an updated chart on STI :
As shown in the chart, 2,480 is indeed a pretty strong support. However, based on 38.2% retracement as reasoned out in my post on Saturday, chances is we may see 2,250. But we shall maintain a neutral view and let the market tell us the answer.
Labels: Market Direction
posted by Market Wizards @ August 19, 2009
Comments: 1
