Straits Times Index was unable to break its short term resistance 2800 in past ten days attempts, and facing selling pressure now. The immediate support and resistancelevel I'm watching are:
S= 2780
R= 2800,
The uptrend is still intact nicely for STI.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Wednesday, December 16, 2009
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