gekkohot

STI TRIES TO BREAK 3185

TVC:STI   Straits Times Index
As posted in my Blog last week.
STIL HOLDS 3024 FOR THE MOMENT (quantstrategic.com. sg )

The Daily pivot at 3185 formed a resistance in last week's rebound from 3024. A break and hold above 3185 will turn the supertrend up and allow the STI to reach its 3406 target as posted on the monthly targets.

The STI Matrix now only shows DBS , Jardine with ST Eng and Sembcorp Ind leading the fully uptrend stocks

LONG TERM UPTREND SINCE 010321
MEDIUM TERM UPTREND SINCE 071120
SHORT TERM PULLBACK SINCE 050521

PIVOT 3185
Short positions below 3185 targets 3024 and 2613
Long positions above 3185 targets 3406 and 3664

youtube link