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Monday, March 19, 2018

Straits Times Index - Watch For the Break From The Triangles!

Straits Times Index - February lows have provided the base for the multi weeks consolidation pattern. The contracting price swings off Feb lows formed the triangle consolidation. Triangle patterns form in trending phases and are seen as consolidation pattern. The high probability price target on the breakout on either side is 3566 and 3450. For now the upside is capped at 3546 if the market manage to rebound of 3500. This blog will be watching for the breaks very closely
All posts and charts are for educational and illustration purposes only

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