Singapore STI ETF (EWS) - Royal Flush Part IV

As previously posted, BEAR. The thing is, since the last post, the EWS (and other indices) made a sucker rally that pulled in the bulls. And a few weeks later, they burned.

This time, the burn is shown by a failed breakout that is followed through the other side. Technical indicators are now in full support as cross downs are registered. Critical supports are broken. New downside targets shown.