STI about to break down
The STI has almost closed a gap and now stands at a support area.
Yesterday closed just below the 55EMA and MACD has crossed down.
Bearish momentum is however muted, but the bias is there.
Watch for breakdown late session today (Friday)...
Yesterday closed just below the 55EMA and MACD has crossed down.
Bearish momentum is however muted, but the bias is there.
Watch for breakdown late session today (Friday)...
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