Straits Times Index STI stock outlook week august 22 2011

Indonesia stock info - Straits Times Index STI stock outlook week august 22 2011 ; The Straits Times Index’s rebound was dealt yet another blow as various Asian Markets turn bearish again.

On the technical charts, the STI is showing signs of weakening as it tested its support. The huge gap ahead will act as a strong layer of resistence for the STI to overcome.

If the STI is not able to overcome the gap resistence, there is a high chance it would trade lower next week.
Next resistance to watch: 3026
Next support to watch: 2653

Related Post: