Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Thursday, August 12, 2010

Support and Resistance on STI

STI closed below the pivot point 2958 yesterday, bears are in control. Below are the support(S) and resistance(R) level on STI:

S1: 2926( immediate previous low)
S2: 2886( major resistance turn support)
R: 3040 (major)

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