The STI hit resistance at the 50-day moving average line, retraced, and looks like it is poised to retest the resistance again. Support at 2700 looks firmer. Momentum is up, medium term trend, represented by the 50-day moving average line, is now sideways. Longer term trend is still down. The next resistance level is about 2800 (around the previous pivot high).
Golden agri is holding up well and is inching towards the previous pivot high of about 0.750. Support now is about 0.72 and my upside target is 0.82 (the previous high).
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