on 2 jan , i mentioned "I believe STI could hit it first resistance at around 1845 level , upcoming budget and Obama stimulus packages could push STI to the next resistance at around 1920 . But we need to be careful if index do reach this level .
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indeed , STI surge up faster than my imagination to hit a high of 1959 and retreated . Resistance level of 1845 now turn support , if this level fail .. the next level of support is around 1800 . watch closely for rebounce around that level .
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