Friday, October 28, 2005

STI today?

With treble digit loss on Wall Street and the poor picture of all STI indicators, in particular the nose-driving RSI, today STI is expected to continue its down trend. It can be envisaged that it will try to test the support level of 2187 . The likely range should be 2180 and 2220. Once the support is broken, bad days ahead; in the short term wise, is imminent!

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