week20 STI finds support day hammer shown, ready for trend resumption.

week29 STI D1 resistance turned support 100515


After price retraced hard  for past 2 weeks, price found support late last week, first with a day hammer from a previous resistance turned support level.

This came from a classic zig-zag uptrend.

Price registered a bullish day close last Friday.

On week20 an intraday retracement should provide good discount for long entries.


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