Monday, May 25, 2020

𝐑𝐞𝐜𝐚𝐩 𝐨𝐧 𝐭𝐡𝐞 𝐒𝐓𝐈 (𝐒𝐆 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭). 𝐇𝐚𝐯𝐞 𝐖𝐞 𝐑𝐞𝐚𝐥𝐥𝐲 𝐁𝐨𝐭𝐭𝐨𝐦𝐞𝐝?



Slightly more than a month back, I published a 20 mins video on Facebook on the STI..


I talked about some of the past crisis over the past 20 years and where we were then.. 📉


I mentioned about some strength seen but then 𝐒𝐄𝐋𝐋𝐄𝐑𝐒 𝐜𝐚𝐧 𝐛𝐞 𝐁𝐀𝐂𝐊 near certain levels and a trade back down possible..


Joey here, Top Tier Remisier in Phillip Securities.


More importantly, I mentioned about this 𝑲𝑬𝒀 𝑺𝒖𝒑𝒑𝒐𝒓𝒕 𝒍𝒆𝒗𝒆𝒍l you need to take note of.




Well, fast forward to today, it seems like this has played out as discussed and coincidentally we are still hanging above this support. 😅


𝐒𝐨 𝐇𝐚𝐬 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 (𝐒𝐓𝐈) 𝐑𝐞𝐚𝐥𝐥𝐲 𝐁𝐨𝐭𝐭𝐨𝐦𝐞𝐝🤞


Watch this video to see WHERE we are now for the STI and WHY you need to remember this level...


The key support level that can prevent the next 𝐖𝐀𝐕𝐄 𝐎𝐅 𝐒𝐄𝐋𝐋𝐈𝐍𝐆! 😧


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