Right Timing
Rebound should continue as short-term indicators strengthen
SINGAPORE (Oct 21): Although the Straits Times Index rose just one point in the Oct 14-18 trading sessions, the index tested the 50-day moving average and attempted to move above it.
Right Timing
STI decline halts at support, attempts rebound
SINGAPORE (Oct 11): It appears that the Straits Times Index managed to hold at 3,078 on Oct 4, in the area of a previous support and above the Aug 28 low of 3,056.
Right Timing
STI approaches support; indicators continue decline
SINGAPORE (Oct 4): The Straits Times Index is approaching its Aug 28 low of 3,056 as short- and medium-term indicators are becoming increasingly oversold. Quarterly momentum is at a one-year low.
Right Timing
Selling pressure abates but STI eases further
SINGAPORE (Sept 27): The decline, following a test by the Straits Times Index of the confluence of the 50-, 100- and 200-day moving averages at 3,216 to 3,244 range, is likely to continue.
Right Timing
STI moves towards resistance
SINGAPORE (Sept 14): The Straits Times Index is approaching the confluence of the 50-, 100- and 200-day moving averages at 3,216 to 3,244.
Right Timing
Upmove gathers momentum
SINGAPORE (Sept 7): Overall, strength could be returning to the markets, as evidenced by the rebound by the Straits Times Index accompanied by an expansion in volume on white candle days.
Right Timing
Rebound should continue
SINGAPORE (Aug 30): The rebound by the Straits Times Index appears tentative but is likely to continue as quarterly momentum continues to recover.
Right Timing
Short term indicators oversold
SINGAPORE (Aug 16): The Straits Times Index has formed a minor harami with white candlesticks. Haramis are usually not strong temporary bottoms or tops.
Right Timing
Blue chips under pressure
SINGAPORE (Aug 2): Quarterly momentum has broken down and has weakened considerably since end July.
