Falling Wedge on STI, signals not lighting up yet

STI showed some spike but as of now what we see is only a possible bounce from Falling Wedge formation. Based on Ichimoku system it is still bearish with price below the Kumo and price corresponding the Chikou Span is above the current price. A test buy for now would be appropriate but for those who want to wait for a better signal may wait until we will see a Tenkan Sen/Kijun Sen Cross.

Caveat!

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