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Saturday, November 30, 2019

STI & Bank

STI chart wise, looks rather bearish!
Likely to continue to trend lower!


First sign of danger if it has broken down the recent low of  3189.
Next level to watch will be 3145 with further sliding down towards 3040 and 3000 level.


If you noticed all the 3 banks counters are under performance and is on the verge of falling further down. DBS I think likely to go down to retest 24.00, OCBC 10.45 & UOB 25.00.

Not a call to buy or sell.

Pls dyodd.



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