Dow Jones just retested the 12712 support turned resistance and failed to breakup. This means we are probably seeing a double top with target around 12200.
STI has been falling quite severely with all the commodities being hit. Wilmar last week and Olam today.
Immediate support at 2821 and subsequent major support at 2785(?) region where the red trendline is. This is the line from 2009 low drawn to 2011's low.
F&N broke the supporting uptrend line.Immediate support at 6.46 with 6.30 another support to look out for.
Kep Corp has felled quite abit due to oil prices etc. I actually bought 1 lot at closing yesterday at 10.10 thinking that US and Europe would be green. My key support will be 9.99.
Osim looks to be a nice ascending triangle forming. However, as the previous trend was down, we favour the downside breakdown with potential drop of 30c from the breakdown point. Watch 1.17.
Olam crashed due to poorer than expected earnings. Immediate downside target would be 1.675.
Sakari hit fibo line at 1.58 today. Looks to be support until broken with next support at 1.445
Swiber testing supporting trendline 0.545
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