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Tuesday, May 25, 2010

Europe's Crisis Dogging the Selling

Market still fears about the Europe's credit crisis.

The one day up with nice bullish reversal candle pattern and with the following day's steep loss, erased all excitement previous day. Much like a one-night stand, often you will be hurted deeply. It's a dangerous game.

As for immediate support and resistance, I'm watchin STI for below levels:
S: 2675
R: 2750

2010May-Straits Times-800x600

Have a nice day!

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