If you can recall my early post on Oct 20, i said tt DOW is in Bearish rising wedge formation. And exactly on that day onwards it start to fall until now. And it was also follow by the major asia market index to be fall from their overbought situation. In another words our STI also cannot be avoided
Eventhough i am very much to prefer STI to break the stubbon 2745 level that time, however in my post dated 26 Oct, i still cautiously to choose a wait strategy. I have no confident that STI can run out of its danger stage that moment if others index are all having down turn sign. I was right that moment in my decision.
At least we have a better picture now than before and most of the indexes are in their down turn movement. So in the full process of playing with the equity market game, one learnt that the important of "PATIENT".
Will be continue to update u again should any big move is arised base on my TA study.
good day !
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