CapitaMalls Asia did not start the day higher than the closing price of the last session. So, the bullish reversal signal formed in the last session failed to deliver and price touched a lower low of $1.21. So, did I panic and sell? No, I only sell when prices test resistance, not when they are going lower. Downtrends are rivers of hope. The MACD still looks like it could form a positive divergence although it would look less probable with each successive down day. Trading volume is lower today as price moved lower, suggesting that there is some fatigue on the part of sellers. Indeed, a cross between a white hammer and a white spinning top was formed at the end of the session. Another reversal signal. We could see a rebound in the next session and a gap close at $1.325 could happen. If that were to happen, I ......