
The volume for the past two trading days of the STI, which were down days were relatively light and that is a good sign. A gap was formed on 9th Dec at around 1683 and I am expecting STI to test this gap as a support level soon. If this testing is successful, there will be a good chance that STI will resume its move to the upside or will at least be consolidating.
[Monday, December 15, 2008
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