STI Support – 13 June 13

STI 12 June

If you look at the 1 year channel, the index doesn’t look good as it has broke down the lower channel resistance line. A longer downtrend may loom ahead.

STI has broken its strong support of 3,140 – 3,150. As at 2.30pm, the index was at 3,107. The next support is the psychological support at 3,000.

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