Welcome!
Right timing
Right Timing
Rebound should continue
SINGAPORE (Aug 30): The rebound by the Straits Times Index appears tentative but is likely to continue as quarterly momentum continues to recover.
August 30, 2019
Right Timing
Minor positive divergence appears
Chart 1: STI with moving averages and momentum
August 24, 2019
Right Timing
Short term indicators oversold
SINGAPORE (Aug 16): The Straits Times Index has formed a minor harami with white candlesticks. Haramis are usually not strong temporary bottoms or tops. As such, the market’s downdraft may not completely have ended. However, conventional chart patterns
August 16, 2019
Right Timing
Right timing: STI approaches resistance; indicators overbought
SINGAPORE (July 6): At current levels of 3,366, the Straits Times Index is approaching its Apr 29 high of 3,407, which was also the high for the year. Important highs and lows usually represent a form of resistance or support. In this case, 3,407 is likel
July 06, 2019
Right Timing
Right timing: Downwards drift continues despite oversold readings
(May 31): With the break below the 200-day moving average at 3,180 caused the decline by the Straits Times Index to quicken. Support stays at Jan low of 3,012. The break below its equilibrium line by quarterly momentum and its continued decline has caused
May 31, 2019
Right Timing
Right timing: STI reaches support, decline to slow
SINGAPORE (May 18): The Straits Times index 68 points or just 2% over the past five trading sessions compared with a decline of 3.5% in the previous week.
May 18, 2019
Right Timing
Right timing: STI’s upclimb supported by momentum and moving averages
SINGAPORE (Apr 20): There has been little change in the trend and chart pattern of the Straits Times Index.
April 20, 2019
Right Timing
Right timing: STI upclimb supported by momentum and moving averages
(Apr 12): The Straits TImes Index is likely to continue its gradual ascent towards 3,420, the target indicated when the index broke out of resistance at 3,190 in mid-Jan. Medium term indicators are supportive and moving averages are strengthening with the
April 12, 2019
Right Timing
Right Timing: STI stable despite global market volatility
SINGAPORE (Mar 29): The Straits Times Index stayed remarkably stable despite volatility in global markets. Its level is unchanged week-on-week. The 50-day moving average is also unchanged at 3,217. Although quarterly momentum continues to drift sideways,
March 29, 2019
Right Timing
Right timing: STI stays intact, but Hong Fok is at extreme overbought high
SINGAPORE (Mar 23): Although quarterly momentum appears ambivalent as it is consolidating beneath its own moving average, prices are intact. They have established support at the confluence of the 50- and 200-day moving averages which are moving into an in
March 23, 2019