gekkohot

STI BREAKS 3183, NEXT SUPPORT 3067

TVC:STI   Straits Times Index
The STI broke day Supertrend Support at 3183 and a short signal is issued on 261121 targeting 3067 on the weekly supertrend line. The pullback sits on the congruence of the week Tenken and Kijun lines which will provide mini support in the short term.

The Medium uptrend that started in 071120 last year still provides buyers on the dip.

7 components in the STI constituents are in multiple uptrend.

PIVOT 3256
Short positions below 3256 for 3067 and 2762
Long positions above 3256 for 3273 and 3415

Quant Strategic Singapore
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