STI has fall out of the triangle 2 days ago which is not a good sign. MACD is showing a negative divergence and STI is currently trading at its support level at 20d EMA (around 3480).If STI continue to fall below the support level at 20d EMA, it may be the start of a major correction. The next possible support level will be at around 3320 which is the 38.2% retracement.
Do trade with care.
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