Following huge swinging from US indices, STI has been struggling for direction as well. Support range ~ 3350 to 3380. Looking at how US market closed on last trading day, the support deem to hold firm. Shall it be broken, 3190 could be next support. Long term investor could accumulate STI ETF (listed on SGX) in such dip, for the dividend and also position for next rally.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
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