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Thursday, February 16, 2012

STI Immediate Support 2990

STI has retreated to 2991, -20 points (10.47am), following overnight US market nearly 100 points drop.

The immediate support is at 2990, and immediate resistance is at 3020. The overall market uptrend is still well intact, it might be a profit taking in place. My target for STI is 3190.

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