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Friday, June 14, 2013

Market Set for a Bounce

US +180 points last night, Dow rebounded back above 15000 level. The maily financial stocks index SPX gained 23 pts as well to 1636.

STI dipped below 3100 level yesterday then rebounded and closed at 3130, lost 22 points. The blue chips seen bullish reversal signal with rebounce. It's expected the badly sell-off index to rebound today. the immediate target is 3190@ 200ma.

Bullish reversal stocks for rebound today:

SMRT, (super high vol)

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