STI has made a spectacular run since 10 March for a good solid 3 months and magically, it has crossed the neckline at 1941 and hit the double bottom target of around 2427. A correction would be healthy for the index at this juncture. The first target for this correction should be around 2220. A break of 2,200 support will mean a more severe correction to around 2050.
1 comment:
It has begun!
Post a Comment