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Monthly Technical Update – STI
By Stock Market  •  June 30, 2012
As early as mid May and in 5-8 Jun 2012, we discussed the importance of STI securing a beachead to move higher. Back then, we discussed that as long as the 2700-2720 is maintained, there is a likelihood of testing the resistance of 2820-2830.

It all happened and of course more. Along the way from the beginning of Jun to end of Jun, we have rougly discussed about its movement and highlighted certain levels to look out for.

Without going too much in details, these are the levels that you may want to look out for:
(1) STI. The immediate support level to look out for is 2840-2845. A move above 2905-2910, look out for 2955-2960.
(2) DJIA. Look out for any signal of weakness when it is trading around 13020-13175.
(3) EUR/USD and USD/SGD. Look out for the resistance and support level respectively. Refer to http://xforexinfo.blogspot.sg/
(4) Always have your protective ......
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