Monday, 4 July 2011

STI resistance 3165

Be careful STI double resistance: 3165.

Current market rise too fast and far away from MAG, Indicators show that STI short term overbought. On top got double resistances: down trend resistance and long term Duanfei channel return line, from candle panttern we can see they are more and more smaller, coming with small body long shadow Doji, it is risky.

Be careful.

Duanfei


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