SGX is currently trading within the down trend channel. A tough resistance is seen at $7.06 which is the support turned resistance level. It is expected SGX to continue the down trend and get near to the down trend support or $6.16 which is the 38.2% Fibonacci Support Level.
Singapore Exchange (SGX): Trading in a Down Trend Channel
- Post author:Marubozu
- Post published:September 19, 2011
- Post category:Singapore Exchange (SGX)
- Post comments:0 Comments
Tags: Down Trend Channel