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By Invest For Yourself  •  June 15, 2020
Finally found some quiet moments to reflect on what happened in the market last week and sketch some plans for this week.

Confidence was shaken last Thursday when US market tumbled.

The seemingly unstoppable rally that started in late March has started to reveal a chink in the amour. Will it crack further or heal by itself? It remains to be seen.
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On Friday, STI first dropped 80 points before recovering to end about 20 points off. The support in the afternoon came on the back of strong positive S&P 500 futures for Friday session. S&P 500 eventually ended Friday, 40 points above Thursday close but still 160 points down from Wednesday close.

I feel that there is a chance that STI may weaken further as the first sign of cracks appeared.

I am sure many investors still have the horror memory of what happened in Feb/March. No one would want to be caught again and everyone...
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