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STI Technical Analysis
By Living Healthy, Staying Wealthy  •  December 16, 2010
It seems that the STI Index is forming a perfect head and shoulders (H&S) pattern. For those who believe in reading charts, I suppose this is a crucial time to be cautious.

Market is still hoping for a Santa rally and year end dressing. If that happens, it should shift the chart from falling below the neck line level of 3120 which will complete the H&S formation.

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By Living Healthy, Staying Wealthy
Aaron Lau is a Independent Financial Adviser licensed by the Monetary Authority of Singapore to provide financial advice to individuals in Singapore. The main reason he is in the Financial Advisory industry is to share what he has learned after studying and comparing the various insurance and investment instruments in the market. He strongly feels that proper, quality financial planning is important to all individuals and sincerely would like to reach out to help as many as possible.
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