News about infections peaking has worn out, time for another downtrend In the coming weeks, there will be many financial report released for Q1 of the company and due to the pandemic, there is no doubt that the virus has impacted businesses at many levels. As for Singapore, our circuit breaker also just extended to a tentative date of 1 June 2020. Therefore, there is unlikely going to be positivity lurking in the market in the coming weeks. However, counters such as Sheng Siong and Dairy Farm are outperforming in this period but these exceptions are over bought and should be treated with caution. STI – Updated Weekly Chart Weekly Candlestick shows that STI didn’t manage to breakout of 9 weeks MA From the weekly chart, there is signs that the market is limited by the fibo retracement resistance level at 2699. Also, if you notice the 9...