SINGAPORE (Mar 23): Here are two charts for our technical analysis:
Straits Times Index (3,421, daily)
The Straits Times Index lost 91 points during the week, to end at 3,421, the lowest level since the index closed at 3,383 on Feb 7. The intra-day low in Feb was 3,340. The downmove takes the index below its triangle consolidation pattern, and below its 50- and 100-day moving averages at 3,502 and 3,464 respectively.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)