Buyers on the dip allowed the STI to maintain weekly support at 3024.
The short signal at 3158 on 050521 is still valid and targets 3024 till the break.
Next level on the break will be 2813 then 2613
LONG TERM UPTREND SINCE 010321
MEDIUM TERM UPTREND SINCE 071120
SHORT TERM DOWNTREND SINCE 050521
PIVOT 3185
Short positions below 3185 targets 3024 and 2613
Long positions above 3185 targets 3406 and 3664
youtube link
The short signal at 3158 on 050521 is still valid and targets 3024 till the break.
Next level on the break will be 2813 then 2613
LONG TERM UPTREND SINCE 010321
MEDIUM TERM UPTREND SINCE 071120
SHORT TERM DOWNTREND SINCE 050521
PIVOT 3185
Short positions below 3185 targets 3024 and 2613
Long positions above 3185 targets 3406 and 3664
youtube link
Quant Strategic Singapore