On Tuesday, SGX re-test the resistance at $6.65 and closed at $6.62 with LOW volume of 1.20 million shares traded.

During the past 10 bars, there have been 5 white candles and 3 black candles for a net of 2 white candles.  During the past 50 bars, there have been 24 white candles and 23 black candles for a net of 1 white candle.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of SGX: $6.65

Immediate Support of SGX: $6.40

Currently prices are supported by 100/200 days MA.

Today SGX has re-tested the resistance at $6.65 with low buying pressure and closed just slightly lower than the resistance.

The resistance at $6.86 is expected to be strong.

The news of Singapore Exchange Ltd and London Stock Exchange Group PLC (LSE.LN) over a potential merger has been very ...