Bearish tone continues, no respite as selling in CIMB and AXIATA continue regardless of external conditions. Regional mixed tone, near flat, EU near -0.5%. DJfuts mostly positive at +20, off high +50 ahead of Ben meeting this weekend.
Tech cut loss, remains bearish and look eager to retest year low 1427, before any significant rebound. A break dw below the ascending triangle band will trigger fresh round of selling but seen bottoming out at 1400 for short term bounce. Upside target is lowered to 1460
Tech cut loss, remains bearish and look eager to retest year low 1427, before any significant rebound. A break dw below the ascending triangle band will trigger fresh round of selling but seen bottoming out at 1400 for short term bounce. Upside target is lowered to 1460
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