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Saturday, February 21, 2015

Weekly Wrap

This week is a shortened trading week as Singapore, HK and China are witness CNY festival.

Markets are relatively quiet for SG, HK and China. STI has been consolidating just below 3450 resistance level for two weeks already. The index uptrend is well intact, a close above 3450 would indicate further upside move or it may retrace down in coming weeks.

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