The STI has reached its 16 years high.....Closer to home, we also witnessed an all time high for the Singapore stock market. The last time it hits 3573 price level was in 2007, almost 16 years ago............. With the banks taking up close to 50% of the index, it is also evident from the chart that DBS bank has been rallying 2016 till its current price of 37.60........ It could continue the rally and climb towards 40 or even higher........ I am a little concerned with the rate hikes for the remaining months and 2025 onwards..... This will directly DBS bank as well.... Am I selling ? Not yet as attempting to predict the top just like the bottom is anyone guess and one can potentially lose much more by being one step ahead of the market. So, I am sitting tight and holding on to the ship and watching the chart closely....... Please DYODDby dchua19691
STI: Possible topping in '24-'25 ??Interestingly, the wave relationship fitted nicely from 1999 to 2008 where wave 'a' was equal to wave 'c' to form the primary wave A(red). Wave C @ 0.618 of wave A from wave B projects towards 3877 together with other minor clusters in that range suggesting a probable resistive band. A 3-4 year cycle is also present which suggests year 2024 and 2025 likely.by micchua1
STI Going to break 14year of sideway market?14th July Will STI breakout from its sideway market since 2021 (Short time frame) & 2010 (long time frame) Break above 3650 is worth a celebrate for STI this slow market. Bias a breakout soonLongby probabilityta2
Buy the dip for STINow with the ongoing war between Russia and Ukraine, will the Feds still consider the interest rates hike ? Will this war escalates the already skyhigh inflation rates further ? Or perhaps the Fed will use this news and temporarily halt the rates hike ? STI is still on a bullish move and I see this dip as a buying opportunity. How about you ?Longby dchua1969Updated 2
Is it difficult to make money in STI ?Plotting a line graph over this random 10 years period, we can see that if one invest money into the STI, he made a loss of around 26% (if he sells out but breaks even at best if he holds till now). Conversely, in the same time frame of 10 years, if he would diversify into US and invest in the SPX index (as often encouraged by legendary investor, Warren Buffett), he would make a good profits of 171% profits or roughly 17% per year. However, it is not really fair to compare this two index since the composition of companies are very different plus the market cap of each index is also worlds apart. Not forgetting the liquidity component. As such, the devils is in the details and that is where investors spend time researching individual company and look for hidden gem. Companies such as DBS ,dividends rich companies like REITS such as AIMS ,etc. Each market is unique on its own and being a local here in SG offers benefits of researching into banks like DBS, OCBC where one can go on site and see and feel for himself. Same things for REITS where one can visits the malls, office buildings , industrial parks, etc to have a feel of the business and footfall. Investing in US on the other hand is totally different since most research is done online and whatever is published has to be taken on its own merits. In a world of uncertainty, one cannot put all his eggs into one basket and thus diversification is crucial to one's investment portfolio from geographical regions to sectors to asset classes. Of course, your investment capital plays a huge part since it is futile to spread too thin just for diversification purposes. That brings the question of having multiple sources of income and adhere to savings components (not lottery or casino wins) to assure recurring income that you can use to reinvest into the market when opportunity avails itself. by dchua1969Updated 2
STI heading towards 3300 by year end !Those who did not take advantage of STI index when it went down below 3000 , there is another opportunity. Likely, there would be a retracement to the right shoulder towards 3096 level before I think it starts to rally towards 3300 level. I am bullish on banks, some REITS and a few stocks which I have already covered. Please DYODD.by dchua1969Updated 224
STI INDEX - AT INFLUX WITH UPWARD BAISSTI Long term index charts are trading at influx point. Caught in the bull and bear fight index is hovering around 3200 mark. See a reverse head and shoulder pattern appearing on the long term charts which may unfold in next few months when the neckline is confirmed breakout. This is a long term chart so view is mid to long term. Since STI index has over 40% weightage of 3 large banks hence any rally should be supported by banks moving higher. Likely trigger may happen when there is pause in FED interest rate hike. Looking for trend playout and see STI index moving to new all time high. With index at 12 PE there is enough steam left. by spiritedDingo47834Updated 1
If there's going to be a global recession, SG will go down hardThe 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.Shortby ckthesounder1
STI Sneak Peek Noted the current Double Top formation on the STI (Straits Times Index, Singapore) Oddly, 4 April was the advanced marked date for a top (hence, red time line). Previous marked dates (thing lines) and forward marked dates (thick dotted lines) are there. It is intriguing to see the uncanny accuracy over the years.by Auguraltrader112
STI RESUMES UPTREND, TARGETS 3442The STI resumes UPTREND in the short term from the long signal at 170322 at 3299. A break of the weekly pivot at 3442 to the upside will confirm a bullish multiple uptrend scenario that may test 3641. LONG TERM UPTREND since 010321 MEDIUM TERM PULLACK since 280222 SHORT TERM UPTREND since 170322 PIVOT 3296 Long positions above 3296 for 3442 and 3641 Short positions below 3296 for 3251 and 2814 10 components of the STI are now in a multiple time frame UPTREND by gekkohot2
STI PULLS BACK AND TARGETS 3226A short signal has been issued on 240222 at 3362 that targets the weekly pivot at 3226. A pullback below 3226 will target the monthly pivot support at 2857 which will put the STI back into a broad trading range between 2600 and 3600 since 2009. The bank rally in DBS OCBC and UOB has stalled with pullbacks to the weekly supports and only 4 component stocks in the STI are in multiply time frame uptrends by the month ending Feb 2022. LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 240222 PIVOT 3445 Short positions below 3445 for 3226 and 2857 Long positions above 3445 for 3641and 3906by gekkohot0
STI STARTS 2022 WITH AN UPTREND TO 3415/3641A long signal on 040122 at 3168 on the day charts puts the STI on a multiple time frame UPTREND to start 2022. the targets are now illustrated on the monthly charts at 3415 and 3641 respectively. This uptrend move may break the downtrend drought of the STI since October 2018. There are only now 6 COMPONENTS in the STI index that are in an UPTREND led by the banks and the property sectors. LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM UPTREND since 040122 PIVOT 3116 Long positions above 3116 for 3415 and 3641 Short positions below 3116 for 3067 and 2747Longby gekkohot0
STI HOLDS 2021 GAINS, 3067 KEY SUPPORTThe STI gains 32% from its pandemic lows to close 2021 at 3123. The short term pullback since 261121 will continue till 3167 is broken to the upside. Medium term support for further gains is the weekly pivot support at 3067 There are only 2 COMPONENTS in the STI index that are in an UPTREND. LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 261121 PIVOT 3167 Short positions below 3167 for 3067 and 2747 Long positions above 3167 for 3415 and 3641 by gekkohot0
what will happen to the STI market towards end of 2021?Currently, we are seeing some resistance at the price level. If the market does correct in US, it is likely that STI will follow suit and we may see some correction. Alternatively, if the US market remains bullish, then it is possible that STI may breach the resistance level and continue to head up. Short term traders can take profits while those who wish to long be patient and await right opportunity to enter .by dchua1969Updated 110
STI BREAKS 3183, NEXT SUPPORT 3067The STI broke day Supertrend Support at 3183 and a short signal is issued on 261121 targeting 3067 on the weekly supertrend line. The pullback sits on the congruence of the week Tenken and Kijun lines which will provide mini support in the short term. The Medium uptrend that started in 071120 last year still provides buyers on the dip. 7 components in the STI constituents are in multiple uptrend. PIVOT 3256 Short positions below 3256 for 3067 and 2762 Long positions above 3256 for 3273 and 3415by gekkohot0
STI UPTREND ON ALL TIME FRAMES AS LONG AS 3183 IS SUPPORT, TARGE7 components of the STI are now in strong UPTREND. DBS UOB OCBC HONGKONG LAND SEMBCORP IND ST ENGINEERING SINGAPORE AIRLINES LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM UPTREND since 141021 PIVOT 3120 Long positions above 3183 for 3415 and 3641 Short positions below 3183 for 3024 and 2747Longby gekkohot0
STI UPTREND ON ALL TIME FRAMES AS LONG AS 3120 IS SUPPORTLONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 141021 PIVOT 3120 Long positions above 3120 for 3415 and 3641 Short positions below 3120 for 3024 and 2747Longby gekkohot0
STI HOLDS 3024The STI positively bounced of the 3024 pivot on the weekly charts for the first trading week of October 2021. The day short signal on 190821 is still active targeting 3024. A break above 3129 on the day charts will resume the short term trend to the upside. LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 190821 PIVOT 3129 Long positions above 3129 for 3406 and 3664 Short positions below 3129 for 3024 and 2747by gekkohot0
STRAIGHT TIME INDEX COMPLETE CORRECTIonSTI completed both timewise and pricewise Correction on Daily timeframe.. now just need to for breakout which Happen after break the levels of 3115 (green line in chart)Longby PNW_INVESTMENTS1
STI weakens end August. Beware of 3024.Profit taking gas been observed in all the heavyweight STI component stocks based on the STI Matrix Heatmap including the banks and property counters. The STI has been in a range since 080321 between 3024 and 3237 for 5 months now. On a longer term outlook, the long signal on 010321 at 3108 on the monthly charts must break above the range at 3237 to confirm a move to 3406. A break below 3024 will signal a pullback of the STI to 2652. A short signal is now active on the 4hr and the day charts at 3144. LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 190821 PIVOT 3024 Long positions above 3024 for 3199 and 3406 Short positions below 3024 for 2805 and 2652Shortby gekkohot1
STI testing down to 3024The STI has been in a range since 080321 between 3024 and 3237 for 5 months now. On a longer term outlook, the long signal on 010321 at 3108 on the monthly charts must break above the range at 3237 to confirm a move to 3406. A break below 3024 will signal a pullback of the STI to 2652. A short signal is now active on the 4hr and the day charts at 3144. LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 190821 PIVOT 3024 Long positions above 3024 for 3199 and 3406 Short positions below 3024 for 2792 and 2652by gekkohot1