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Friday, October 5, 2012

Friday Indicator

STI closed at 3086.64 yesterday, just beneath 3088 resistance level, it's sixth time it knocked 3088 level. The trend is up and momentum is currently on the bullish side. See how it work out? Be prepared for a breakout or sell-off again.

Friday Indicator levels:

61.8%: 3070
50%: 3065
38.2%: 3060

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