STI has been swinging vigorously since beginning of the year. It wiped out its 2018 gain on early Feb, followed by strong rebound. Recent swing paused ~ 3570. Shall the index fall below 3354, a double peak would be formed which might indicate more bearishness ahead. Current trend looks like consolidation phase. A good correction is needed before next rally.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
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