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Monday, October 11, 2010

Hang Seng Index HSI : RSI Overbought

HSI Index - daily and weekly RSI overbought. HSI equity market trend will likely consolidate around 22700 to 22900 range.
SSE, shanghai composite RSI also near overbought. Stock market trend will likely consolidate around 2738.
STI will likely consolidate below 3163 (may cross downward to 3150).
Watch SPX market trend today for both opening and closing. Today's estimate range 1165 to 1180.

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