Short-term Bounce Expected for FTSE STI

If current trading maintains and STI closes wit a Hammer pattern. STI is high a high probability of rebounding and testing its immediate resistance zone at 3,340-3,360. Currently STI is trading at a support-turned-resistance level of 3,270.

A break above 3,360, will see STI trades towards 3,400.

Trade fermée manuellement