STI at Crossroad - Key Resistance 3,350
- US-China Trade Talk
- 1Q19 Earnings Reporting Season
- Oil Price (Brent) above US$70/bbl
- US Non-farm Payroll Edged Up
- Brexit Deal Delay
What will we be expecting from SG market with the macro developments? And our long-term cycle indicator is suggesting we are in still in a bullish environment.
One thing for sure, we will be watching closely on the bullish/bearish character to determine if we are seeing a continuation or reversal at the critical 3,350 level.
We will update on this blog again once market has shown its character. And yes, you would have guess it, such characters is created by smart money.