STI Comparison 24th Jan 2014


STI begins year 2014 with an increase in selling momentum. Price action trading within a bearish channel. Macd bearish signal crossover(on 22nd Jan) spotted which leads to a bearish break down from its channel today. Next support at 3056(4 times tested support). Be cautious.

2 comments :

  1. Seems that 2014 is a year where the breakdown starts.

    A Happy 2014 New Year To You!!

    I would like to take up this chance to link up with you.
    As a gesture of good faith, I will add you to my blogroll first. Hope to see my blog in your site as well. Thanks in advance!!

    Dave (www.SmartPassiveCashFlow.com)

    ReplyDelete
    Replies
    1. Hi Dave, sure I will add you to my blogroll now :)

      Delete