I have compiled a list of downtrend counters to wait for it to reach its resistance level to consider on the short side. AscottREIT Asiatravel Capitaland CapitaRChina CWT EZION HOLDINGS LIMITED Ezra GENTING SINGAPORE PLC GuocoLeisure Ho Bee HongFok MacqIntInfra Noble Grp PARKWAYLIFE REIT SIA SingTel SoundGlobal StraitsAsia TiongWoon TRUMP DRAGON DISTILLERS HLDGS Wing Tai [...]

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Trend: Possible downtrend (Lower high and Lower low seen), 20ma up (turning flat), MacD above 0 Support: 2930, 2890 Resistance: 2957 – 2979 (Falling window + 20ma), 3005, 3030 Observations: Candlestick – Black candle with falling window Histogram –2R. Bearish divergence is seen. RSI – Slightly below 50%. Bearish divergence is seen. Stochastic – Bearish [...]

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