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Saturday, January 16, 2016

Weekly Wrap

The bloody fall continued for this week. With indices all fell from 2-9%, on YTD basis, shanghai has declined 18% so far.
Please refer to below index weekly performance table.
STI break new low. The selling is fierce. Not time to bottom fishing yet.
DJI and SPX are around their major support level. let's see whether it can be hold in coming week.

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