STI (SG) to pull back from top

Theo Auguraltrader
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Quite clear...

The EWS (tracking the STI, Straits Times Index of Singapore) pretty much topped as the MACD crossed down, with the VolDiv converging.

Looking for a reversion to mean, 5-8% down.
Watch the support level over the next week.
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TA DA!
Oh... oops, broke below mean.
Now looks worse than expected.

Likely looking for 17.65
Chart PatternsEWSTechnical IndicatorssingaporeSTIstraitstimesindexTrend Analysis
Auguraltrader

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