3 month low. Breaking away from its recent ranges, fresh short term dwtrend seen.
After a bad AM session, mkt turned for the worst in PM with everywhere flashing -2%. HS -360. Selling for tomorrow too ? after Europe -2% DJ -100 in late Asian hours.
Selling in Fbm was ferocious today, starting with plantation stocks in late AM session followed by financials in PM session. Maybe GLC gave up hope after supporting the mkt since later April with external overweighed.
Technically bearish, < 1310, and can expect another 10-20 point b4 potential for rebound. 1290-1300 looks good as support for this round of selling.
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