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| The Straits Times Index (STI) 2015-04-28 |
The Straits Times Index opened lower than the closing point yesterday and closed at lowest point for the past 10 trading days, barely supported by the 20 days moving average. RSI indicator is now pointing downward and out of the overbought region. However, MACD indicator shows the reversal of the uptrend, and ADX indicator shows the weaken signal of the uptrend too. If the STI does not hold its current low as of today, the next support would be at 3357.
(click on the image to view the larger version of chart)
