Looking at the chart of STI, we should be trading in the range of 3223 to 3310. Market is still weak. We need to have more confirmation before long term investors steps in. This week or so, we should be able to see STI trading in this range. we will be expecting a slow up trend. we need about 2 to 3 weeks to confirm if the uptrend will continue and the correction is over. Best is to trade within intraday as we are not sure how DOW will affect us.
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