The STI closed at 3013 with short and medium term buy signals inching closer to break its long term downtrend that started since oct 2018.
The key level to watch is 3108 which is the pivot resistance and the level that the STI broke its last uptrend from june 2017 to oct 2018.
DBS, OCBC, UOB, SATS, SIA, SGX, ST ENG are some components that are providing support enroute to 3018.
PIVOT 2910
Long positions above 2910 to test 3108 and 3270
Short positions below 2910 to test 2813 and 2780
YOUTUBE LINK https://youtu.be/5k-_cvqok1I
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