Singapore Exchange (SGX) is currently trading below 3 MA. Immediate Support is at $7.20.
Watch the support at $7.20 closely because this is a very strong support for past 5 occasions (July & August of 2010, Mar & June 2011). SGX’s chart will be very bearish if this support is broken.
$7.20 and $6.90 supports are broken. Heading towards $6.20.