Time to short Genting Intl...

... and the markets mostly look like they're headed for a short- to medium- term correction, with bearish engulfing candlestick patterns emerging in the STI and KLCI among other indices.


Among ugly stocks, Genting's stock looks atrocious:















Among blue-chips, Keppel Corp looks the worst, while Singtel, UOB and SGX look technically strong(still!)

Osim looks considerably oversold.


















As for Longcheer,the stocks looks likely to fall a little more before rebounding back to the psychological barrier of $1.














Funnily however, the Hang Seng China Enterprises Index looks set for a short-term reversal upwards: