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Friday, September 21, 2012

Friday Indicator

STI has been trapped in a narrow range of 30 points over past four trading days. So far, week high is at 3088, and week low at 3057.74 level. More downside if low can't be hold today. Friday indicator levels for today:

38.2%: 3077
50%: 3073
61.8%: 3069

Bearish bias if it can't CLOSED above 3073 today.

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