Wednesday, June 1, 2011

STI - A Reaction To Lure The Bear



On May 27th, I posted a mid day report for STI as it is hitting an overhanging resistance. Today it hit that resistance and pulled back a little. Dow Jones as of writing now is -140, so tomorrow we shall see a reaction. This reaction will then tell me how bullish or bearish will the STI be in the short term.

Ronald K