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Tuesday, July 20, 2010

STI 20/07/2010 - update

STI Intraday.

STI forming a Diamond top. This is a rare pattern. Break out is near but which way will it breakout remains to be seen.
Whichever side it breaks out we should see atleast a 20-25 point move.
Also the broadening formation still providing resistance as mentioned yesterday.

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