STI straits times index facing resitanceSTI index facing resistance around 3080. Above 3080 major price rise possible. price can retrace lower to 3050 where it can find support.by deepanshu4221
Updated Straits Times Index Analysis (Global Rally Coming)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 uptrend supported by the 2 black trend lines. by KelvinTan880
$STI $ES3 shortThe 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 in since the earlier ASIAN bottom in October 2018, there is no reason to believe asian markets have established any kind of bottom. Shortby JhergoanUpdated 222
Can STI break out of this triangle?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 been trading in lockstep with the pure-play Shenzhen.Longby CALD_EDUpdated 0
Straits Times Index (STI) [1-3 weeks view] ++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 hold. It has also been found as a fractal level multiple times. If market were to break below, we would see a much deeper drop towards the 2522 region. A drop towards the 2522 region is set to put Singapore's market in a recession. Overall a good conviction trade due to indicator breakout and price reacting on key support level. Risk/reward ratio is beautiful too! Cheers.Longby laughingchartist4
Straits times Index Long Term ViewLooking At Daily Times Fram e 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 3200-2900by deepanshu4221
STI Market Types - AttemptAttempt to understand the different market types that appeared in STI. by bplim2
Trends and Ranges on STI in past 3 years Type 1: Low volatility, high trend Type 2: High volatility, high trend Type 3: Low volatility, low trend Type 4: High volatility, low trendby alwynloh3
STI - Miss the Head and Shoulder Pattern 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? Shortby hanbin1230
STI $ES3 shortGreen 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 chase 2) Stay out and wait for a Green 2 above a Green 1 Stay safe.Shortby Jhergoan0
Straits Times Index (Daily Chart) - Where is the Bottom?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 has likely bottomed. And for now, it still looks like it can continue to fall. So i will stay bearish and continue to monitor.Shortby SynapseTrading5
STI Broke Out of Re-distributionSTI is Expecting Further Weakness - Broke Out of Re-distribution - Bearish Change of Character - 1stTP: 3100 2ndTP:3000 Shortby Brandon_LeuUpdated 5
STI Expecting WeaknessSupporting Technicals: 1) Classic Support turned Resistance 2) MACD Possible failure to break above zero line Risk: Above analyst fails if STI breaks above downtrend lineShortby Brandon_LeuUpdated 7
Straits Times Index (Daily Chart) - Very BearishSince 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 see once it reaches there.Shortby SynapseTrading113
Short-term Bounce Expected for FTSE STIIf 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.Longby Brandon_LeuUpdated 6
STI - Not time to buy yet, but selling isn't a good idea too!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 feeling worried and uneasy because of the drop, it just shows that (1) you do not have a proper investment/trading plan to start with, and (2) you do not have the right risk management plan in place. And that's the exact reason why you should be worried. If you're feeling excited to hop onto a trade or invest now, hold your horses. The time isn't right yet. Be patient. Wait for at least a sign of price bouncing before entering :) Our bias remains to the upside for the general equities market at the moment. Our macro analysis is still showing room for the markets to rally. Perhaps for the last wave up between 2018 to 2019. After that, we might eventually see the long-waited "clearance sales" in the equities market. When that happen, it will be a shopping spree for many well-prepared traders and investors. *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success. Longby KarYong6
Straits Times Index - DailyHey everyone! So if you take a look at the daily chart of the Straits Times Index, it breaks not only the bullish trend line but also the 9-Day Moving Average. That validates the end of bull direction in my opinion, unless it goes the other way around, or sideways.Shortby alanmythoughts1
STI keep any eye on the trenlinea break in the trend-line will bring price for a major correction into the blue box area. by adezeno3
STI Index 2 Options as we come to the crossroads soon. Option 1 : Breakout and pullback and head northwards to 4000+ price level Option 2 : Breakdown as per previous 2 attempts Analysts are expecting a breakout of 3500 , read news here www.todayonline.com I do not trade this index but use it as a barometer for overall stock performance and dive down into individual companies. Singapore is an important global financial hub and its stock performance is a good guide to the overall economy globally as well. US has always been an influence to its performance so watching US market will provide deeper insights into the various emerging markets performance. Longby dchua1969Updated 2
Expect pullback in Jan 2018STI has reached the critical price zone of 3465 , hitting the right shoulder pattern. With the crossover of MACD soon, I expect the market to turn soft a little next month with some pull back in price action before we see another surge later. Buy on weakness. www.businesstimes.com.sgLongby dchua1969Updated 0
STI bull trend resumes....3 days of selling or profit taking to take off some heat. The last daily candle is bullish, closing above 21EMA. Bulls continue, bears retreat.Longby dchua1969Updated 0