Trend - Entering Down Trend (from MACD indicator)
Momentum - Oversold
Support - 7.85
Resistance - 8.42
Candlesticks - 3 black crows forming.
SGX has been on my watch list for short term trading. However, it is forming a 3 black crows candlesticks. Probability a bearish reversal might occur. If breaks the 7.85 support, then support turn resistance.
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