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Straits Times ST: target 2995.00.
Trading Central | 2019-08-14 06:46:00

Short positions below 3245.00 with targets at 3105.00 & 2995.00 in extension.

Pivot: 3245.00

Our preference: short positions below 3245.00 with targets at 3105.00 & 2995.00 in extension.

Alternative scenario: above 3245.00 look for further upside with 3320.00 & 3380.00 as targets.

Comment: a break below 3105.00 would trigger a drop towards 2995.00.

Supports and resistances:
3380.00
3320.00
3245.00
3147.83 Last
3105.00
2995.00
2955.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-14-2019 at 08:46 UTC+1
Price reference: 3147.83 last known on 08-14-2019 at 08:46 UTC+1
Investment horizon: ST

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