Today Singapore Market Review
Southeast Asian stock markets ended mostly higher on Monday as a bailout for Spanish banks improved sentiments.

STI starts day with positive node opens @ 2770.86 and made a day high of 2790.19 and closed also near to high @ 2787.81 with gain of 49.92 points up by 1.82% wow basis. Gainers beat losers 261 to 98. Overall volume traded was 1.13 billion shares.

Singapore's key exports raised 3.2 % on-year in May, as electronics and pharmaceuticals shipments increased. The non-oil domestic exports (NODX) figure is also higher than the revised 1.7 % growth in the previous month.

SGX Stock for Tomorrow
STI opens above its 20 day weighted MA level of 2764.34 and moves towards its major resistance level of 2795, made day High @ 2790.19 but closed just below this level @ 2787.81.

A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appearswhen prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trend line, or retracement level), the long white candle adds credibility to the support.

STI Support for Tomorrow
STI having nearest support @ 2765 level and below this level it can take support @ 2740-2720 will be the support
zone for STI.

STI Resistance for Tomorrow
STI having Resistance @2795 and above this level it may take resistance @ 2815-2835 levels.

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