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Tuesday, April 27, 2010

Market Update

Dow Jones end up with a doji at its major resistance 61.8% fibonacci retracement which is 11246 level. with the indicators macd histogram and RSI showing bearish divergence.

2010Apr-Dow Jones Industrial-800x600

STI uptrend is well intact. Watch out 2972 which is its 20dma for the immediate support.

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