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Monday, February 5, 2024

STI - Today across the board most of tge counters being sold down! As if , we are in the crisis! I think market overly reacted that Fed may not cut rate till May/June due to inflation hasnt really reached 2 percents and US economy is still positively growing!


STI - Today across the board most of the

counters being sold down! As if , we are in the crisis! I think market overly reacted that Fed may not cut rate till May/June due to inflation hasnt really reached 2 percents and US economy is still positively growing! 




STI broken down the support at 3140 turned resistance! Immediate support is at 3100. Next support is at 3060.

Pls dyodd.



 

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