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Monday, February 26, 2018

Index Weekly Wrap for the Week of Feb 23

Major indexes have recovered most of their loss during recent two-week bloody selloff. STI and Nasdaq have recovered more than 2/3 of the high to low loss so far, and HSI, SPX and DJI have recovered about 50%, SSE being the weakest one, has recovered about 38% of its loss. All major indexes rebounded back for positive YTD return except for SSE, which 0.5% underwater.

It's expected that major indexes to continue their 100% recovery in coming week(s). The major uptrend for all indexes are well intact currently. Please refer to major indexes weekly performance and respective weekly charts below.

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