Straits Times Index (Daily Chart) - Where is the Bottom?
Since our last predictions on the Straits Times Index, the price has continued to fall from 3300 to 3000, and then below it.
At this rate of decline, is there any support or bottom in sight?
I generally do not like to do projections, because most projections are just guesses.
The best way to know is to observe the price as it moves, then you will know when it has likely bottomed.
And for now, it still looks like it can continue to fall.
So i will stay bearish and continue to monitor.
At this rate of decline, is there any support or bottom in sight?
I generally do not like to do projections, because most projections are just guesses.
The best way to know is to observe the price as it moves, then you will know when it has likely bottomed.
And for now, it still looks like it can continue to fall.
So i will stay bearish and continue to monitor.
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