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Straits Times Index
Right Timing
STI’s rebound may fade as it gets towards 3,420
The Straits Times Index (STI) rose from a low of 3,238 on Aug 12 to end the week 3,352, up 114 points week-on-week.
August 16, 2024
Right Timing
More than just a dead cat bounce for the Straits Times index likely
The STI is likely to rebound further this week, with resistance appearing at 3,350 but market is set to remain volatile
August 09, 2024
Right Timing
Both Straits Times Index, US 10-year treasury yields fall sharply
STI may continue to weaken and fall towards 3,300 as 10-year US treasury yields retreat sharply.
August 02, 2024
Right Timing
STI, REIT Index are in expected, temporary corrective phases
The retreats by the STI and FTSE REIT Index are expected and their breakouts remain valid
July 26, 2024
Right Timing
STI and REIT indices have further upside after current retreat
The STI and FTSE REIT indices have further upside and the current retreat is likely to be temporary.
July 19, 2024
Right Timing
Straits Times Index attempts to challenge 2024’s high
STI tests year's high, but needs more momentum and volume to break out
June 28, 2024
Right Timing
STI support should hold; chart pattern of risk-free rates remains weak
STI's support area holds during consolidation; 10-year yield chart pattern remains weak.
June 21, 2024
Right Timing
Straits Times Index shows short-term weakness, US risk-free rates shows downward bias
US risk-free rates have fallen below their 50-, 100- and 200-day moving averages and are testing the neckline of a top.
June 14, 2024
Right Timing
As US risk-free rates slump, Straits Times Index sees mild consolidation
The chart pattern of US risk-free rates continues to weaken following the break below its moving averages
June 07, 2024
Right Timing
STI could move gradually higher during the summer despite the Fed’s high-for-longer stance
STI likely to move higher during the summer despite elevated FFR and Fed's high for longer stance
May 31, 2024