STI outlook

Hi all readers.

Sorry I pretty busy with a lot of other stuffs.

However, I know many are curious about what is the short-term trend of STI.

You will get it below. :D

If you notice the first half of the year pattern, it is pretty similar to the current chart pattern that we are having now.
The fall the STI isn't good and I had warned of the possible fake breakout in STI 1-2 months ago.
Currently, STI is at the support of 2920, which might provide a small rebound as the distance from the price and 20MA is quite far apart.
However, I'm bearish on the longer trend of STI.
Therefore, it is better to look to short when it rebound to 2980 level.