STI may test 2200 in the next few months

The STI closed on Monday 3/8/20 below the 2520 support levels that have held since Oct/11 and Feb/16. The Monthly chart clearly illustrates the 2520 support that has held for 20 years since Jan/20. Coincidentally, the head and shoulders formation targets 1445 exactly at the lows reached during the Lehman Brother's Crisis of Mar/09.

(#STI, #Straitstimesindex, #singaporestocks)