Straits Times Index – [ Rebound In Sight? ]
Chart Source : Poemsview 21st June 2018
Straits Times Index have fallen to our 3313 region which we previously mentioned and seems to be forming a base around that area.
If the support continues to hold we might see a rebound coming soon as trade war news might have overplayed for now and market might have absorbed some of the bad news.
We’re looking at 3340 as a resistance and a break above that might see us up towards 3378 area first. We’re looking at certain stocks to rebound too as we round up some of our shorts for now.
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Yours
Humbly
Kelwin&Roy
