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Straits Times – Is it trying to tell us something…

Straits Times chart is technically “beautiful” in the sense that it nicely touched the 100DMA and also closes above the 3330 support forming a hammer candle too. Therefore right now there is a possible bounce coming up for the next few days. Does it mean that selling pressure is over or just a small bounce and then will drop even lower till early June is hard to say at this moment. Therefore watch your chart carefully.
 photo STI_zps74ffccdb.png

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