CollinSeow.com - Singapore Remisier Stocks Blog on Singapore Stock Market » STI

STI update

Collin Seow — Thu, 19 Jan 2012 03:20:32 +0000

STI consolidating

Collin Seow — Wed, 14 Dec 2011 09:16:17 +0000

STI consolidating. breakout either side. watch it.

STI update

Collin Seow — Thu, 10 Nov 2011 06:58:46 +0000

STI support is 2750 , the 10,20,40 are sloping up. Resistance 2900.

SembMarine, Noble, Semb Corp, Biosensor,STI technical analysis

Collin Seow — Sat, 08 Oct 2011 05:20:06 +0000

How you can use Technical analysis to look at the STI?

Collin Seow — Mon, 19 Sep 2011 02:21:58 +0000

By now, if you have been reading my blog regularly, you will know that on friday the CCI(5) was above 100 , another setup for swing trade(1-5days) was there. The trigger was friday lows . You may have shorted earlier is you were alerted about the bearish candlestick on friday.

My view is that this leg down will be short lived. So if you have shorted may consider covering it as soon as it turn up. Long term investor may consider to slowly accumulate , which may prove to be profitable by end of the year.

Support 2728,2681 resistance 2795,2856,2889.

STI Technical Analysis update

Collin Seow — Fri, 02 Sep 2011 04:27:00 +0000

Classic setup again, STI hit the short zone. The 20 ma and 40 ma sloping down. 20ma<40ma , CCI goes to oversold of -100. Trigger is yesterday low. Since yesterday when STI hit 2890 which is minor resistance and 38% retracment level , I sms to my clients to ask them to consider lock in some profit and prepare to go short. There were 2 sms send out yesterday.

“Consider locking in profit if bought last few days. STI up but now only+2. Can consider to short(sell)over the next few days IF start to turn down.will put up some stocks later.my view.Collin” 9/1/2011 11.58pm

“We have not have confirmation to go short yet, but I am trying to short noble 1.65 stoploss 1.69 and swiber 0.55 stoploss 0.59 capitaland 2.61 stoploss 2.67. small lots. If tmr drop STI drop below today low 2878, we have confirmation. my view.Collin ”

All these are my technical setup and NOT “stock tips”. My view is there is a probability in trading . ie : there is always a chance of right and wrong.

Like I always quote”success in trading is simply trading your ETET and leaving the result to the market”

Where is the STI heading ? 29082011

Collin Seow — Mon, 29 Aug 2011 02:08:15 +0000

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 10,20,40 and 200 MA are all sloping down indicating the trend is still down. We are rallying from a oversold position.

STI support where are you?

Collin Seow — Mon, 22 Aug 2011 06:37:00 +0000

STI Support is around 2650 – 2640, my view. Those who are trading short term may consider trading the short term rebound at this point.

Where is STI support Aug 2011?

Collin Seow — Thu, 11 Aug 2011 01:26:55 +0000

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

Do we long the STI now?

Collin Seow — Tue, 02 Aug 2011 23:48:53 +0000

First thing first, I will tell you my personal view. However, I may be wrong. STI has broken out of the the symmetrical triangle , it may retrace to test the downtrend line of the STI. If re bounce around 3150 level which may happen in the next few days. I would like to see the STI consolidate at this level first. The reason why 3150 is very critical is also because the 200moving average is also around 3150 level.

On the other hand if the STI drop back into the triangle, we may see the STI hit 3100. The weight of evidence still lies on the bull side though I have not seen the price action for today. (DJ drop 265 last night)

Do we buy the STI?