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Monday, March 6, 2017

STI

Sign of deteriorating breadth and momentum but index is hanging inside the uptrend channel. Watch the key support at 3100. A break below this level may trigger a major correction bringing the index down to 3030. If index can hold above 3100 the STI uptrend will continue with the next target at 3170.


All posts and charts are for educational and illustration purposes only

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