STI has reached has major supply zone where the demand starts to show signs of fatigue. It seemed as though there was 2 long green bars and I deemed that as fake breakouts where retailers were rushing in to go long while smart money were unloading. In the near term, I am bearish and expect a correction to take place. I had also indicated in the diagram for the short term critical demand zone. It's an all important to watch closely. I shall monitor in the coming weeks. :)
Ronald K - Market Psychologist - The Big Speculator
