Friday, April 11, 2008

Straits Times Index 3 Black Crows Clone Candlesticks Reversal


Gap support at 3046.54 was not tested but a clone 3 black crows reversal has been confirmed today. Next week will see a test of immediate resistance at 3181.92. Breakout above this resistance will challenge 200 days Exponential Moving Average. Immediate support is gap support at 3046.54 followed by 2927.79

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