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Friday, August 16, 2013

STI Nearly Broke Support 3218

Message from FB group:

US lost 225 pts last night, Fed stimulus cut in concern in coming Sep 17-18 FOMC meeting.

HSI little change -1@22539, SSE-18@2081. STI -27@3220, STI seems got early signal for US drop and went ahead yesterday.
STI tested its sideway support level 3218, if it CLOSED below 3218 today, the long time consolidation could be ended with further downside expected.

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