$STI ETF(ES3.SI)$ $DBS GROUP HOLDINGS LTD(D05.SI)$ $OVERSEA-CHINESE BANKING CORP(O39.SI)$
STI ETF (ES3) Daily Chart [$3.21]
Over past one year, there are a few occurrence whereby
RSI drops below 40.
26/9/22 - fell 1.5% on above average volume,
drop another 6.5% before a strong recovery
15/2/23 - fell 1.1% on weak volume, delay about a week,
drop another 5.7% with yet another strong recovery
17/5/23 &
31/5/23 - both drop ended with quick recovery
6/7/23 - on Thursday the ETF fell 1% on above average volume
We might see
another 5~6% drop from current closing of $3.21
Most high weightage constituents - DBS | OCBC | UOB | Singtel | JMH
Resist - $3.25
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