While I gave my outlook to an allegiance of fans, I said STI at 2627, I am watching for a rebound, if it is weak, I will short it. However should BBs start buying heavily at 2627, it's best to either buy with them or wait till at a later stage where more confirmation warrants a buy. Today, we saw STI hits the bottom at 2631 and rebounded a little as of now. The levels I gave was not far away from 2631. No one can be 100% right on the levels, but it's roughly about there. When it reaches there, you better watch. That is why I prefer to watch for the K Turn. Happy trading all.
Ronald K
Ronald K
