Straits Times Index TVC:​STI

Weekly Market Update from TradeVSA Chief Trainer, Mr. Martin Wong. Send us your preference stock to review based on TradeVSA chart by comment at below. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock

STI index facing resistance around 3080. Above 3080 major price rise possible. price can retrace lower to 3050 where it can find support.

Attached above is the Monthly Technicals of FTSE Singapore Straits Times Index (FTSE STI). If you had been learning from my teachings all along, you will know that Singapore FTSE STI is the number 1 indicator for global economic health and worldwide financial markets. The reasons had been explained in my previous FTSE STI teachings. STI is maintained in strong...

The Straits Times Index has been in a rising channel for weeks on end now, the narrative is that when U.S. corrects = Fed RRR will decrease to the benefit of Asian markets. This is simply untrue as US economy is still on a good growth path expectation is that the STI will correct more violently in the near future. All of these new facts have yet to be priced...

Much of Asia exhibits this consolidation pattern. To me, Singapore looks like the most attractive market to hang out in and wait for a trade resolution. Their companies' accounting practices are arguably better than, say, China's; and their valuations seem to be incredibly reasonable, too. Sources report STI to have an ~11.5 to 13 PE. On the other hand, it has...

Long with good conviction (++) Buy on dips above 3020 Stop Loss: 2960 Take Profit: 3350 Weekly Price reacted above 2960. RSI also reacted above support where in the past price has bounced before. RSI also surpassed descending channel resistance. Daily Price and RSI shows a weak bullish divergence RSI also testing 50% level. 2960.00 is the key support level to...

Looking At Daily Times Frame Chart What I Predict For TVC:STI is: Breakout above Resistance 3120 Will Head It towards Its Next Big Hurdle 3180 Major Support Is 2955 (26 oct 2018 Low) and Psychological Support of 3000 For Next 2-3 Months Trading Range Can Be between 3200-2900

Attempt to understand the different market types that appeared in STI.

Type 1: Low volatility, high trend Type 2: High volatility, high trend Type 3: Low volatility, low trend Type 4: High volatility, low trend

Missed the head and shoulder pattern. Seeing good short opportunities at the 2958.29 level. Target exit level at 2527.70 level. If you/I have the guts, most probably just ride the wave down from 2527.70 downwards. What do you guys think?

Green 6 on the hourly small break upwards, given that other markets hourly candles such as Nikkei and $SHCOMP are already beyond a green 9 on the hourly it signifies trend exhaustion and a red day is expected real soon. Macro view still remains very weak and as such might be a deadcat although a real bounce is not discounted. Actionables: 1) Take profit & do not...

Since our last predictions on the Straits Times Index, the price has continued to fall from 3300 to 3000, and then below it. At this rate of decline, is there any support or bottom in sight? I generally do not like to do projections, because most projections are just guesses. The best way to know is to observe the price as it moves, then you will know when it...

STI

Market may have bottomed. Targeting 3360, 3600.

Since my last call to short (on my blog and during my events), the STI has fallen about 5.5%, and has corrected 13.3% from the highs. This is the reason why I am bearish on Singapore stocks and have liquidated my portfolio a long time ago to focus on the US markets. I have a feeling price will continue falling until the 3000 support level. I will be watching to...

Supporting Technicals: 1) Classic Support turned Resistance 2) MACD Possible failure to break above zero line Risk: Above analyst fails if STI breaks above downtrend line

If current trading maintains and STI closes wit a Hammer pattern. STI is high a high probability of rebounding and testing its immediate resistance zone at 3,340-3,360. Currently STI is trading at a support-turned-resistance level of 3,270. A break above 3,360, will see TVC:STI trades towards 3,400.

As the trade war between US and China intensifies, general markets in Asia get the ripple effect too. STI has dropped around 5.40% and is now trading around 3300 region. If you're feeling worried because of this drop, you better be. If you're feeling happy because now you think you can buy at a cheaper price, you better don't. Now, why do we say so? If you're...