Today (2nd June 2015), there is only one uniform color in Singapore's Stock Market, which is crimson! STI ended 51.36 points lower at 3,340.75 (which is a drop of 1.51 %). I believed this is one of the sharpest decline in the recent months. I did a quick check, the last similar range of decline is on 16th December 2014 whereby STI declined 58.98 points. Is it a sign of more dire situation in the upcoming days/weeks? Is it a delayed effect of "Sell in May and go away" phenomenal? Is it a bad news? Is it a good news? (as per those contrarian investors, this is a sign of upcoming great opportunity) In any case, there are only 3 possible direction of the market movements, it is either :

1. Up or
2. Down or
3. Level

So, either ......