Singapore STI ETF (EWS) - Royal Flush Part V

EWS really going to do it this time it seems... close below the support line.
This is premature on the weekly chart, but heads up, two things to happen...
First, a close below the support means a breakdown underway, especially if it is accompanied with a lower low.
Second, there needs to be a late week rebound strong enough to get it back above support line. Then there is half a chance for a reversal.

MACD appears not as bearish really.
VolDiv is somewhat bullish to be honest.

I'd watch this closely...

تعليق:

The week closed... WAAAAAAYYYYY worse off