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Right timing: STI attempts rebound; pressures are downwards

Goola Warden
Goola Warden6/8/2018 09:51 PM GMT+08  • 1 min read
Right timing: STI attempts rebound; pressures are downwards
SINGAPORE (June 8): Here is a chart for our technical analysis this week:
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SINGAPORE (June 8): Here is a chart for our technical analysis this week:

STI daily (3,43627)
The chart pattern continues to look precarious despite a nine-point rise over the past five trading sessions by the Straits Times index. The 50- and 100-day moving averages have converged at 3,503. This level is likely to be a resistance level during rebound.

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