Dow has closed quite badly in my own opinion.
Though it manage to break the resistance of 12760 at opening but closing below this level is ugly.
The resistance around 12760 to 12800 is expected to be strong for now.
4th quarter GDP will be out tonight - an important data that will either make Dow break up / down.
Action: Sideline
STI is expected to be mixed for today.
Kepcorp will be in play and may gap up and rally towards 10.95 to 11.
More profit-taking effects could be in today.
Action: Sideline (Really chasing the market is really not advisable)
Look to keep some telcos at low prices. :)
DISCLAIMER APPLIES!! GOOD LUCK FOR YOUR TRADES~~
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