Remember we mentioned that STI is at Critical support, when STI was at 3119 we warned about the >100point drop in overall market. Once again we get the big move right on the market. I am glad that we have informed all our client to reduce holdings before the drop. If you still not our client, you should seriously think about it. Since opening a trading account is Free and for the extra service we provide is really awesome.
If you are interested to open a trading account pls drop me a message here.
our previous post on STI outlook: http://www.andy-yew.com/2014/01/sti-at-critical-support.html
STI today close at 2988, today is the 3rd day no new low, tomorrow our strategy will get trigger if price break above 2995. If it get trigger, market is telling us we have fall enough, its time for rebound with stoploss place at 2851, ITs good time to look at Strong stocks