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Trading is no absolute bullish or bearish, the price action reflect the market emotions.
Straits Times Index Analysis
Chart worth a thousand words, we see a possible Head and Shoulder chart pattern, a bearish chart pattern. The chart pattern is still in progress. The right shoulder is lower than the left shoulders. The right shoulder is resisted by left shoulder support. …
June 26, 2015 Straits Times Index, STI
Price Below 20 MA, 20 MA below 50 and 100 MA
From the chart, price action is bearish bias.
Chart worth a thousand words, 20 MA is 5 o’clock, 50 MA is 5 o’clock, 100 MA is 4 o’clock. We can clearly see the ABCD sell chart pattern.
June 26, 2015 Straits Times Index
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Moses
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