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Tuesday, July 12, 2011

STI Retraced

The retracement made me a little bit uncomfortable now. STI closed down 34points at 3117 yesterday. The immediate support levels are:

Support 1: 3114
support 2: 3100
Support 3: 3090

I will change my bias to downside only if it closed below 3090 for STI.

Talk to you soon.

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