Analysis Forecast:
Potential Support Level
Analysis is for:
SG Market
Position Trading
Income Portfolio
Supporting Technical Observations:
1. Price resting near Fibo 50% Retracement
2. Fund Flow Index (FFI), positive divergence
Forecast:
Currently, expecting Short term rebound towards S$2.65 resistance area. If accumulation trading range is formed, we will see a potential upward reversal.
Trading below S$2.40 will falsify above analysis.
Potential Support Level
Analysis is for:
SG Market
Position Trading
Income Portfolio
Supporting Technical Observations:
1. Price resting near Fibo 50% Retracement
2. Fund Flow Index (FFI), positive divergence
Forecast:
Currently, expecting Short term rebound towards S$2.65 resistance area. If accumulation trading range is formed, we will see a potential upward reversal.
Trading below S$2.40 will falsify above analysis.
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