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Thursday, March 24, 2011

STI 24/03/2011

STI hit a high of 3030 this morning.. Shy of 4 points off the target zone..
Momentum seems to be wading..

A break of 3006 might see 2991-2981.


Now breakout is only above 3037.


Currently the main trend is downwards and short term trend is upwards. Main
trend might change to upwards if we get a close above 3042 this week. If not,
the main trend resumes.

Bullseye.

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