Singapore Stock Index ETF

. Singapore index has tracked lower since it's General Election in May 2011 with the historic apology from the PAP led Prime Minister.

. Chart wise it has formed a 3 wave down for now with a bullish Harami candlestick .
Signalling a short term bounce may be in the making.

. Weekly chart is looking precarious. Prices is sitting on a major support line
And on 20days MA
Although still in the upward trend channel.
. Watch the price action the next few days.