Dear all, I am not able to do the biweekly “Ernest’s market outlook” as I am in the midst of transiting to another chart platform. While I am still exploring Chartnexus, here is my interpretation of our STI chart. STI Based on Chart 1 below, STI faces a cluster of resistances at 2,865 – 2,870, followed by 2,882. ADX remains weak at 17 on 5 Sep 2016, indicative of a lack of trend. Indicators such as OBV, MFI continue to slide with price. RSI closed at 50.5 today. A sustained break below 2,800 is bearish for the chart. Near term supports: 2,840 / 2,820 / 2,800 – 2,810 Near term resistances: 2,865 – 2870 / 2,882 / 2,902 Chart 1: STI is not out of the woods despite Mon’s 1.7% surge Source: Chartnexus as of 5 Sep 16 Conclusion My personal view is that we have ......