Early Thursday morning, STI broke 3099 resistant. Unfortunately at 9:45am after HSBC announced China PMI slide to 48.3, immediately STI plunge from 3101 to 3088 between minutes. Today morning, STI went up to 3110 but closed at 3099.
3099 is a resistant for STI. Two resistant pressing on STI - gap plus Fibo 38.2%. Can STI stands firmly above 3099. If they do, the next resistant level that I will be looking at is between 3130 to 3150, then follow by 2013YEC 3167.
3099 is a resistant for STI. Two resistant pressing on STI - gap plus Fibo 38.2%. Can STI stands firmly above 3099. If they do, the next resistant level that I will be looking at is between 3130 to 3150, then follow by 2013YEC 3167.
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