By: Kleer This technical commentary on the STI was released by AM Fraser Research yesterday. Note: I do not necessarily share the view of this commentary, but it is useful to know what the key support and resistance levels are. Key support - 2610-2620 Next support - 2500 (half way mark of 2003 bottom and Oct 2006 peak) Minor resistance - 2814 (38.2% mark) Major resistance - 2915 (2007 low) STI 2747 at around 2.45pm today(yesterday) is down 1084 points or 28% from 3831 peak. Next major support after the decisive break of 2915-3000 yesterday and today is the 2600 area (2618 May 2006 high (old STI 2666) and 2618 (Jan 2000 high 2583). Read more...