Right Timing
STI, Asian markets steady as the US wobbles
The US Federal Reserve’s Federal Open Market Committee committed to keeping the Fed Funds Rate lower for longer. Against this background, Asian markets stayed steady.
Right Timing
STI: Indicators stay weak as volatility sets in
With quarterly momentum in sharp retreat, and the Straits Times Index negatively placed vis-a-vis its 50- and 100-day moving averages, both coalescing around 2,570 and 2,587 respectively, lower lev
Right Timing
STI: Some indicators turn negative despite a steady market
The Straits Times Index stayed within a narrow range during the week, ending at at 2,509, down 30 points.
Right Timing
STI stabilises but stuck in narrow range; banks could firm
The Straits Times Index stayed within a narrow range during the week, ending at 2,539, up 11 points week-on-week but below the 50-day moving average at 2,596 and its 100-day moving average at 2,589
Right Timing
STI could stabilise initially but likely to weaken towards end-month
Although the Straits Times Index started the week on a firm note, it lost most of its gains, and ended 53 points lower week-on-week.
Right Timing
A relatively stable week ahead as short-term indicators turn up
The Straits Times Index rose 36 points week-on-week to 2,581, supported by an upturn in short-term stochastics.
Right Timing
STI stabilises, indicators remain weak
The Straits Times Index closed up 16 points week-on-week at 2,545 on Aug 7, but not before touching a low of 2,484 on Aug 3.
Right Timing
Selling intensifies as STI breaks minor support
The Straits Times Index fell further during the shorter week, to 2,529, down 45 points week-on-week, placing it well below its 50- and 100-day moving averages, currently at 2,626 and 2,588 respect
Right Timing
Directional movement hints of selling pressure ahead
Directional movement comprises of ADX which attempts to identify whether the market is trending or moving sideways, and directional indicators or DIs.
Right Timing
Short-term sideways but rally could return
SINGAPORE (July 17): Week-on-week, the Straits Times Index slipped to 2,618, from 2,652. However, the chart pattern shows resilience.
