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Right timing: STI consolidation could continue

Goola Warden
Goola Warden3/2/2019 07:42 AM GMT+08  • 2 min read
Right timing: STI consolidation could continue
SINGAPORE (Mar 2): The market could continue to consolidate in the near term. Quarterly momentum has encountered resistance and turned down.
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SINGAPORE (Mar 2): The market could continue to consolidate in the near term. Quarterly momentum has encountered resistance and turned down.

However the rally by the Straits Times Index that started in Dec is still in force as the index remains above its moving averages and momentum remains in positive territory.

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