Intraday analysis

Good morning folks.

Watch out for the reversal candles on the US markets. Personally, my projection for it is to possibly rebound, into Friday. Is it bull? No. Tech rebound, at most. I could be wrong the reversal candle may fail indeed.

How bout the local markets? I concur with Jay on what we could be setting up for. I still maintain my sell on strength call. Previous targets and analysis are still in play. Resistance for STI at 1850 still but I may be lowering it soon if calculations show it.

Currently I am watching to short Allgreen. Analysis to follow later.