STI update 21 Aug 2020

BEARISH on all time frames.

The STI continues to exhibit corrective action for the past week.

A break of 2494 will see sustained selling to test the lows of 2200

There are only 5 bullish components in the STI at the moment and I have published them in this blog

Do not attempt to buy any of the components of the STI until they have established breakout patterns

I will post all breakouts as they appear.

There are 3 potential opportunities for next week's trading. ST ENG, Sembcorp IND & SGX.

Please have a look at them in today's update.