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Thursday, October 20, 2011

In Selling Mode

Kind of boring day for me...scratching my head on what to write.

STI broke its 2715 support and also closed below 2700 marginally today, down 26points at 2694.

It turned to bearish today, but I don't see aggressive selling come in yet. 2715 becomes its immediate resistance and 2670 become the last defence for bulls tomorrow.

Bye for now.

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