Another quick look at the market. Today's close formed a 'dark cloud cover' candlestick patter. This is a bearish reversal pattern. Which is good, because it gives investors and traders a chance to get in when price retraces. Support for the STI is about 2800, resistance is at 2900. Medium trend is up, long term trend is sideways, momentum is up, but falling. I think it would be a good strategy to go long on dips.
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