$STI ETF(ES3.SG)STI ETF (ES3)

Today’s session opened strong but failed to break the key resistance at 5.00. Price was rejected around 4.99–5.00 and subsequently moved sideways, with selling pressure gradually building.A late session breakdown below 4.97 led to further weakness,resulting in a soft close at 4.96.

Failed breakout → Distribution → Pullback

Slightly bearish,with a near term dip likely before any meaningful rebound

Resistance: 5.00 Support: 4.94 - 4.92

Consider selling into strength near resistance and look for potential re entry opportunities on dips.

Strategy Going Forward:

• Stay flat and observe price action

• Look to exit ES3 near 5.02 if rebound occurs

• Re-enter ES3 around 4.92 – 4.95 range

• Focus on disciplined, low-risk setups