Logo

As mentioned in earlier post a few days back, STI had continued its correction path down to below the 100SMA and minor support of 2740 yesterday and then closing back up just above the 100SMA and support today. But looking at what's happening over at US where DJI is down 145 points at the time of this post, it is likely to continue on its correction path down tomorrow as it heads towards the region of 2600 to 2680. I suppose we should continue to stay light and cautious and watch its development.