Daily Market Opinion for 08-Jan-2014 Bearishness continued to plague the market yesterday but the selling pressure was less overwhelming. The day started with a flat opening which was greeted with buyers entering the market. Many were looking for bargain and started to push STI to a high of 3133 level during the early trading hours. However, weak HSI performance brought uneasiness to the market which causes selling pressure to end the market again. Hence, STI creep back to its opening levels again and it soon closed at the low of the day. STI closed at 3120.88 level with 2.94pts down. Last night, DJI managed to stage a rebound with 105.84pts up. Have STI completed its retracement movement and start to rebound like DJI last night? Another black candle was formed yesterday but this time round, it formed an inverted hammer pattern. This candle pattern indicates that the ......