SgTraderClub Weekly Stocks Updates: Gap was Filled

Wednesday, September 7, 2011

Gap was Filled

A quick note for today below.

STI up 57 points to close at 2832.13, a tick above its gap upper line 2831(refer to my previous post). The gap was closed now. Two ways it could go tomorrow depends on how's US market tonight.

1. it may turn down from here(2832)
2. Continue rebound to 2890( next major resistance, 38.2% fibonacci)

will update you again.

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