Thursday, February 19, 2009


Where are we going from here? Here is a weekly chart of the STI. Unfortunately, the trend is down. The previous support at 1674 was broken yesterday and today, the STI continues to weaken. The DOW is close to is Nov 08 lows. For the STI, Nov 08 low was 1570. Today, we closed at 1629. Let us see if the STI can stay above the Nov 08 lows.

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