SGX has fallen below the 3 Moving Averages again and continues its down trend. SGX is currently heading towards the 61.8% Fibonacci Support at about $7.70. SGX may rebound from this support before continues the down trend to test the support at $7.20. Keep a close watch on this $7.70 support level before taking any entry.
- Post author:Marubozu
- Post published:April 29, 2011
- Post category:Singapore Exchange (SGX)
- Post comments:1 Comment