What will come, will come?
As much as I would like to see FSSTI touching the 3120 - 3150 level by end of this year, it is getting further and further away. Whether i like it or not, almost correct is never good enough in this market.
As mentioned previously failure to hold above 3108 and the crossing below 2975 may signal further pullback. At this moment, looking at the weekly FSSTI chart, it just closed slightly above the uptrend line, with a bearish MACD crossover and RSI points downwards.
As much as i would like to be optimistic, the odds do not seem on my side. But there is still time. I can still HOPE. If not, i just need to try work harder next time and hope that the sky isn't falling... When the sky is falling, i mean FSSTI is going back to 2380 - 2450.
Of course, it is ......
