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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Tuesday, June 16, 2009

STI - Support


STI closed at 2288, it is resisted by 2424 and is currently supported at around 2269. If this support level failed, next support level will be at around 2200, follow by 2150 (bottom trendline), 2100 and 2050. 1950 will be the major support if all failed.
As the market is moving up too high recently, most are waiting for the next quarter's report on the economic. It need to justify of what is happening in recent stock market.

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