what's next?

in the next few days, expect some sideways action in the market. looking at the STI, it is possible that it may move back up to 2330, to where the last support turned resistance was. alternatively, watch out for tomorrow's trading action. a bearish move would signal a further downwards move to levels of about back to 2220. currently STI on my chart hit its 20 EMA, and closed down.

if it goes red, go for it.