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STI may test 2200 in the next few months

Writer's picture: jeremy chojeremy cho

The STI closed on Monday 3/8/20 below the 2520 support levels that have held since Oct/11 and Feb/16. The Monthly chart clearly illustrates the 2520 support that has held for 20 years since Jan/20. Coincidentally, the head and shoulders formation targets 1445 exactly at the lows reached during the Lehman Brother's Crisis of Mar/09.





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