As posted in my private forum at 8:41am that the market would open green and be hit by sellers, the STI is acting accordingly to what I posted in the morning. On the blog, I had also warned of the upcoming sellers which is happening right now where STI lost the support from the buyers and continued to tank down. In the daily chart, there is a break down and in the 5 min chart, there wasn't much support from buyers. Be alert of your long positions. Not the right time to go long. Click and read my earlier post.
Ronald K - Market Psychologist - A Stock Market Opportunist