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Friday, June 23, 2006

STI Review

DJIA closed right at it's first support line stating a likely positive
move in the next trading day.

STI in reaction will likely hit its first support of 2330.
It is estimated to close at the range of 2330-2340.

If all closes at their support line, a run up is the most possible scenario
for monday market in Singapore.
We are currently at phase 2 of wave 4 as mentioned earlier.
The next rally will be the last rally before the market continues
the bearish correction.

Highest point is currently estimated to be 2428.

Heiwa report..

1 comment:

Anonymous said...

Cool guestbook, interesting information... Keep it UP
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