Singapore STI ETF (EWS) - Retracement mode

It has been a while since I pulled up this chart. Missed on the bullish breakouts twice in 2024. Thing is that it is very obvious the technical indicators are stretched and long in the teeth... and a recent spike ended with a consolidation.

Given all these, a break down of the condolidation support would spell a strong retracement.

Coming soon... akan datang.