The top 30 companies of Singapore failed to post any gains since 2010. If the world is heading into a recession, Singapore won't be spared the fallout.
Quite clear...
The EWS (tracking the STI, Straits Times Index of Singapore) pretty much topped as the MACD crossed down, with the VolDiv converging.
Looking for a reversion to mean, 5-8% down.
Watch the support level over the next week.
EURSGD - Break out...Coming soon!
EURSGD - Technically it's brewing for break out to either direction. We are currently within the ranges of Highs: 1.44965 Lows: 1.41187
If we are to break the lows, expect the recently low areas of 1.37625 to be target areas.
If we are to break the hight, expect the the two key resistance areas to be tested and to be target...
Remember this?
Well broken out.
MACD supported, and candlestick suggestive of continuation.
Equity market pull back imminent.
Those buying into SG bonds (a local hot topic these days), you know where this is going...
Long term DOWNTREND SINCE 010908
Medium term UPTREND since 111021
Short term UPTREND since 311022
Singapore Airlines is 1 of 8 component stocks supporting the rise of the STI at the start of 2023.
The long signal for this recent run started on 311022 at the price of $5.21.
$7.00 is a significant target as it marked the start of last 7 year decline of the stock...
Model projecting (and giving heads up) that a new (small) wave should be starting about 20 Dec 2022. This suggests that Singapore will go into 2023 with a COVID wave mostly brought back by holiday travellers. In fact, it has already started and the model just projects a date line where it gets noticeable for the media/regulators/agencies to pick it up too.
IF...
After USDSGD has escaped the ascending channel and the head and shoulders pattern, it is now touching an ascending trend line starting back from Sept 21 and touched again on Feb 22, also touching a 23.6 fib level,
currently looking to retest the previous support (neckline) and a 61.8 fib, which is now resistance @1.366, and also the lower channel line. Which was...
It has been awhile folks but I am back posting ideas on TradingView. I have kept watching and trading the markets everyday since I stopped posting and have had other consulting to do forex and market related. I will be posting ideas on a regular basis.
The strategy and set ups remain the same! We look for reversal trades after a long trend.
Many Singapore...
The stock has been performing well ahead of its earnings reports, thanks to the news that DBS will be the bank to utilise MaxxDigital – a digital asset platform that provides risk and FX solutions for institutions. Whilst Singapore’s regulators continue to clamp down on crypto trading for retailers, Singapore wants to become a digital-asset hub within the...
Was in a number of private discussions over this week, and noted that there appears to be some dynamics in motion currently.
Quick note that the Singapore 6th COVID wave is pretty turned over, according to the data provided publicly. It was a smaller wave compared to previously, as expected.
However, the neighbouring Indonesia is currently in the midst of a wave...
The Singapore bourse STI ETF, EWS, has a very ominous outlook for the next couple of months into the end of 2022.
Hyperinflation could be the current trending killer, but seems like more is likely to add on. Not sure what shoe will drop, but the charts tell it as it is...
April and May ended badly entering into a range that saw May break down of that range...
As you can see Gold take dip from 1642-43 during NFP so now we can expect that Gold get reversal and retest the resistance to become a support so it will go up and touch the resistance of 1677-80
As you can see Gold breakout the trend and retest and went to take resistance on another trend line and then it's pullback on support and again it's try to take resistance on trend line
I do not know the robustness of the data collected, as it differs greatly in different places.
But with just a quick comparison:
Singapore relaxed mask measures on 29 August, and from early September, there was already an uptick and the MACD histograms pointed out to late September crossover. Indeed, on 30 September, CNA reported a 40% week on week increase in...
In this update we review the recent price action in the USDSGD and identify the next high probability trading opportunity and price objectives to target
The Singapore Straits Times Index (STI) is in a primary Downtrend.
This is observed and concluded from the TD Sequential analysis.
Referring to the monthly chart for the STI ETF (EWS)...
The EWS in recent months had broken down hard, and bracked below the TDST support line within the downward TD Sequential. Now, typically, this series is called the Buy Setup, as...
