STI Weekly Update!
During the week, STI retraced by losing 9 points from the opening of 3,185 and closed lower at 3,176. The attempt to break above the confluence of 20-Day and 50-Day Moving Average (MA) resistance...
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During the week, STI retraced by losing 66 points from the opening of 3,177 and closed lower at 3,114. STI is currently trading below all Moving Averages (MA) and have broken out of the Symmetrical...
View ArticleSTI Weekly Update!
During the week, STI retraced by losing 56 points from the opening of 3,122 and closed lower at 3,066. STI is currently trading below all Moving Averages (MA). After breaking out of the Symmetrical...
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During the week, STI rallied by gaining 48 points from the opening of 3,101 and closed higher at 3,149. The short term recovery of STI has been anticipated 2 weeks ago as posted on 14/12/13,...
View Article2013 US, Hongkong and Singapore Year End Review
Performance Chart of US DJI, HK HSI and SG STI for 2013 As Singapore STI has tracked both the US Dow Jones and HK Hang Seng very strongly for the past decade, it is crucial to bring the two world’s...
View ArticleSTI Weekly Update!
During the week, STI stagnated with opening at 3,142 and closed at 3,143. The currently retracement of STI at the start of the year has been anticipated on my last posting on 1/1/2014,...
View ArticleSTI Weekly Update!
During the week, STI stagnated with opening at 3,150 and closed at 3,147. The reduction of trading volume in the Singapore market for the past 3 months has highlighted the major funds has not returned...
View ArticleSTI Weekly Update!
During the week, STI retraced 62 points (2%) from the opening at 3,137 and closed at 3,075. The retracement action is a high volume technical breakdown of descending triangle pattern as drawn on the...
View ArticleSTI Weekly Update!
During the week, STI retraced 11 points (0.3%) from the opening at 3,038 and closed at 3,027.. The retracement action is a continuation of the high volume technical breakdown of descending triangle...
View Articlehave you open your short position?
Regional markets are all currently at a overbought position. Today confirmation with yesterday’s bearish reversal candlestick pattern. Have you open your short position to hedge your own portfolio? Do...
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