Straits Times Index (Daily Chart) - Very Bearish
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.
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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