STI gapped up in the morning with the news being announced.
1) Euro has went up against the US dollar signalling the positive sentiments in the European Markets later.
2) Futures are up.
3) Dow Jones may recover from Friday's losses
As such, the upside movement may continue signalling a reversal. But, watch the key levels of STI as posted earlier.
The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.
George Soros
Buy st support. Sell at resistance
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