Today 9 AUG 13, 11: 50 Am
WEEKLY TREND : UP
DAILY TREND : SIDEWAYS
The weekly trend of the STI is UP, price still making higher highs and higher lows. when price breaks and closes below 3200 it will form a lower high. which become a start of down trend. The previous retracement of the price which indicates strength and the pullback to high is showing weakness. This shows the bull have lost control and bears have gained control. But, still 3200 is broken we will assume the trend is up.
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