Where is the STI heading ? 29082011
STI support is found short term at 2681, I have send sms to my clients regarding this last week. The STI is forming a bullish divergence with the CCI (20) , RSI(14) . Both this indicators are pointing higher values but the STI to go lower. It may also means that the downward momentum is losing strength. I think for the short term we may still head towards 2814 and 2779. If can close above 2814, the gap will be closed. Right now , there is a big gap between 2779 and 2814. The... Read More
STI support where are you?
STI Support is around 2650 – 2640, my view. Those who are trading short term may consider trading the short term rebound at this point. Read More
S&P 500 Index
S&P 500 may test support 1120 , looking at the fib level. 1120 maybe a another very critical level. If the support is broken we may test the 1050. Read More
What is the position to adopt for stocks right now?
Looking at the STI weekly charts , we can see that it has broken below a very important trendline. In fact there is a gap below the trendline. The mode of the market which we may adopt will be to sell(short) on strength. There are quite of number of bearish stocks that are below their 200ma and the 20ma and 40ma are sloping down. Read More
How To Open Online Stock Trading Account in Singapore?
How to open a trading account to trade Stock in Singapore. You can go this page>>> Opening Online Trading Account in Singapore OR 1a) You have to go to CDP at 4 Shenton Way #02-01, SGX Centre 2 Singapore 068807 Tel. (65) 6535 7511 Fax. (65) 6535 0775 Alternatively, you can meet me to open the CDP and Online trading account (POEMS) at the same time. Do drop me a sms or call 96181183. The most central place to meet will be at Raffles City Tower 250 North Bridge... Read More
STI bearish candle
After posting last thurs, most stock when up , however today, most stocks start to turn down. cautious. Read More
Some stock showing signs of rebound…
Capitaland Chart Support Resistance Read More
Where is STI support Aug 2011?
Just back from my holiday in HK. Wow , what a difference a week makes? Maybe I should be in Singapore instead:). Nevertheless, I had a tiring and rewarding time with my family. Got a tan in HK too. It was humid and hot. Coming back to the market. I think we may still have some way to go. The support is at 2700 and 2650. I would stay sideline for the present moment. May trade the rebound if it happen. Can wait still. Where is STI support? 2700 or 2650 Read More
Time for Break ?
I will be on leave from today till 10/8. meanwhile, you can contact Alicia at 91727012 or Joshua 98576869. Leave everyone with this quote I know many years ago. What you can do or dream you can do, begin it; boldness has genius, power, and magic in it Johann von Goethe German poet, novelist, and dramatist Read More
Where is the DBS support level?
DBS support 15.10, this will confluence with the 38% retracement level too .yesterday DJI 265 drop have not been price in. Asia market opening now Nikkei drop 1.5% at open. Read More
