While the STI is not as vibrant as the Dow Jones, but if there is more sell down were to happen, I am looking at the X zone as illustrated above for a buying zone to form. In this buying zone, I am looking for some panic selling or some sharp gap down. Whether it happens or not is not important, but the effort to constantly monitoring it till it reaches there is much more appreciative.
Ronald K - Market Psychologist - A Stock Market Opportunist
