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Right timing: STI drifts below 200-day moving average

Goola Warden
Goola Warden6/15/2018 08:18 PM GMT+08  • 1 min read
Right timing: STI drifts below 200-day moving average
SINGAPORE (June 15): Here is the daily benchmark Straits Times Index chart for our technical analysis this week:
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SINGAPORE (June 15): Here is the daily benchmark Straits Times Index chart for our technical analysis this week:

STI daily (3,356)
The Straits Times Index fell 80 points during the past four trading sessions, breaking below the 200-day moving average at 3,431. The 50- and 100-day moving averages are poised to turn down at the 3,500 level. This is likely to act as resistance during rebounds.

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