STI failed to form triple top break out from 2967. It closed ~1% lower last week. Immediate support is ~2909. Trend looks bullish meantime. Transaction volume has been improving since last November as highlighted. Coming to last two week of 2016, STI has actually covered the lost ground on Feb. It amazingly survived through BREXIT, Trump winning, etc. Most encouragingly, oil price has been moving up. A quadruple top break out still looks possible.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
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