The Straits Times Index
The STI touched the upper boarder of the uptrend channel and reversed sharply. The market is near oversold and may stage a technical rebound. If the rebound is unable to sustain and turn itself as a bullish reversal, a further downside target at 3,230 and 3,160 ( lower boarder of uptrend channel ) can be expected.
Labels: Market Action
posted by Market Wizards @ June 03, 2013
