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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Saturday, September 1, 2007

DJI and STI




STI closed at 3392pts, great to see it breaking its downtrend resistance at 3385pts, if it continue to move up on Monday, which very high chance, that will be a confirmation of trend reversal.....meaning bull is back.

DJI currently trading at 13415pts up 176pts, it has broke out from its downtrend resistance and is above all its EMA as well. If it continue to stay at this level or up >1%, we may see a gap up for STI. The bear is retreating and correction should be over very soon.

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