STI – End of technical rebound?

STI Chart since 26 Feb 2007

STI

Most of the analysis indicated that this rebound is temporary and further down side is very very close. According to OCBC’s report, such correction should take at least 3 months to settle down, but this round it only take a few days, so chart wise the down trend is not finish yet.

OCBC report – Right click here to download PDF

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