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Friday, January 11, 2013

Friday Indicator

STI This week in sideway consolidation mode, it tested 3235 twice but failed to break above it,
61.8% @3222
50% @3218
38.2% @3213

The bias is to downside but 38.2% is still holding right now, STI is sitting at 3213 (2.16pm), Will be bullish if it above 50%, and bearish if below it.

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