Auguraltrader

SINGAPORE COVIS-19 Wave 3 Projection Update IV

COVID19:CONFIRMED_SG   COVID-19 CONFIRMED SINGAPORE
While the weekly chart still show some momentum, the daily chart has plateaued as expected (from update III) and the MACD histograms have started to decrease. This means that as we grapple with the current situation, with a pseudo lockdown, the effects are observable as we catch up with the curve. This downtrend needs to continue consistently for the next two weeks. Any flare up would mean we missed a part of the next infection generation and are actually in the eye of the storm instead of on the way out of the storm.

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