23 August 2019

Downside Pressure

The STI has gone sideways this past week and ended down today. Although the STI is taking a breather, the downside pressure remains. We should see the formation of Subwave C (brown) continuing next week. Its completion will be the completion of Wave Y (red) and Major Wave C (blue). As I said last week, the outlook is rather bleak.

Previous     Archive     Next