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Home / Capital / Right Timing

Right timing: STI tests support at moving averages

Right Timing

Right timing: STI tests support at moving averages

Goola Warden Published on Fri, May 25, 2018 / 9:29 PM GMT+8

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SINGAPORE (May 25): STI tests support at moving averages
Despite a mild 16-point downward drift, the Straits Times Index is at an important juncture, as it tests the confluence of the 50- and 100-day moving averages at 3,507 to 3,510. Quarterly momentum retreated but could hold at its equilibrium line.

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