Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Sunday, July 20, 2008

SGX 180708

SGX continues to trade within the downtrend channel (red), and has also tested the 6.62 support (red --) 3 times this week. If the 6.62 support is broken, we could see SGX testing the 6.43 support (green --).

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For monday :

Support @ 6.62 (red --), 6.52 (low blue), 6.43 (low pink, green --), 6.40 (mid red), 6.27 (low red)
Resistance @ 6.74 (upp red), 6.80 (upp blue), 6.92 (green ...), 6.97 (mid pink), 7.09 (red ...)
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