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Thursday, November 1, 2012

STI New One-month Low 3020

The expected month-end window dressing didn't come, both in Singapore market and the US. In fact, it turned to selling off. STi this morning hit new one month low at 3019.96, previous low is 3021. While I see somewhat of divergence in the indicator MACD, which indicator it may got chance for upside flip as STI trade at one month "bottom" now.

STI 1H chart

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