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Right timing
Right Timing
STI oversold in short term, weak in long term
SINGAPORE (Feb 28): Important lows provide support and he intermediate low for the Straits Times Index is at 2,972 which happened in October 2018 was. The next important low for the STI is at the 2,623 area which was reached May 2016.
February 28, 2020
Right Timing
STI held down by some heavyweights
SINGAPORE (Feb 21): The outlook is uncertain according to the many strategy reports that are published daily.
February 21, 2020
Right Timing
Resistance approaches for STI; breakout challenging
SINGAPORE (Feb 14): Resistance for the Straits Times Index appears near its current level of 3,220 to 3,231, at the confluence of the 50- and 200- day moving averages. During the past five trading sessions, volume languished and eased.
February 14, 2020
Right Timing
Expect continued volatility for STI
SINGAPORE (Feb 7): The confluence of the 50-and 200-day moving averages at 3,220 is providing resistance for any rebound. On Feb 6, the Straits Times Index rebounded to 3,231 before falling below 3,220.
February 07, 2020
Right Timing
STI pressured by declining momentum and stochastics
SINGAPORE (Jan 31): On Jan 28, the Straits Times Index fell to 3,181, below the confluence of the 50- and 200-day moving averages at 3,220.
January 31, 2020
Right Timing
Market's breakout still valid, STI to test 3,300
SINGAPORE (Jan 11): There was little change in the upward direction of quarterly momentum and the chart pattern during the past five trading sessions with the Straits Times Index gaining 30 points week-on-week to end at 3,255.
January 11, 2020
Right Timing
STI breaks out, set to test 3,300
STI breaks out of sideways range since being entrenched in early November.
January 03, 2020
Right Timing
STI meanders; momentum strengthens
(Nov 29): Chart 1: STI with moving averages and momentum
December 20, 2019
Right Timing
STI continues to strengthen but no sign of breakout
(Dec 13): The Straits Times Index has staged a rebound during the week, and is now facing resistance at its flattening 200-day moving average at 3,224.
December 13, 2019
Right Timing
Short-term bottom at hand; rebound likely
SINGAPORE (Dec 6): The Straits Times Index has found support at the 3,177. This level is a little below the confluence of the 50- and 100-day moving averages at 3,180 to 3,187.
December 06, 2019