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Monday, October 8, 2012

Weekly Pivot

STI formed inverted Head & Shoulder patterns on its daily chart with target 3199 by projection, confluence with its horizontal resistance level and weekly R3.

STI weekly pivot level for the week start from 8 Oct:

R3: 3198
R2: 3154
R1: 3131
PP: 3088
S1: 3064
S2: 3020
S3: 2997

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