Good morning
It's the last trading day of the week. and We are ahead of Greece election on this Sunday. Do we rush in to the market and only see a pop up on good news from the election? or short first see a jump off? either way we can make money a lot or lose. Or there is another way---stand aside. Sun Tze in his Art of War says: "DO NOT initially engage a competitor unless you are prepared." (孙子兵法:不打无准备、无把握之仗)
Friday Indicator levels:
61.8%: 2783
50%: 2779
38.2%: 2774
The levels are in a tight range as this week action most in narrow range trading. I'm bullish bias if STI close above 2779 today.
Friday, June 15, 2012
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