Momentum - Overbought
Candle - 2 black crows
Volume - Average
Pattern - Upward Slope
2 white soldiers + 2 black crows = ZERO. When the STI broke 2700 and the march toward 2900 with 2 white soldiers with strong volume are positive signs. The only resistance to clear is the 100D MA, if it can break it, it should march higher high. In fact, with the strong volume, I do expect some form of slight pullback for a higher LOW signal for a re-buy. Unfortunately, the 2 black crows appeared and now signal is side trading into 2900 and 2700. STI to watch is 2750 (50D MA) and as long as STI don't bleach 2700. It is still a upward momentum.
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