And yes before I forget, such events do not bring good wind to the market.
Reported yesterday evening...
So be cautious...
Nikkei has alreadi been taken hostage by the Bears since this morning, this -ve bias will not change unless a major rally comes in where I will update wen the Bulls have taken over, but highly unlikely though.
STI opened -ve but still in tight range, no control by either party yet. Take note of the nx move, a down move will have greater impact then an up due to retracement due. Since Nikkei is alreadi possessed by the bears, break up for STI is unlikely. First down target @ 3380.
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