STRAITS TIMES INDEX – Part 5

STI 5Straits Times Index continued to lose ground as with the other major indices while depreciating by 2.3% for the week. It has broken trend-line, 20MA, 50MA and 100MA. Also broken support 2700. If we draw fibo, 50% retrench be the support level. This be key support on 2650.
For Long Term investor is possible to go in as 200MA still slopping up.
Please look at the previous post on STRAITS TIMES INDEX – Part 1, STRAITS TIMES INDEX – Part 2, STRAITS TIMES INDEX – Part 3 and STRAITS TIMES INDEX – Part 4. Resource more,Click Here!


You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “STRAITS TIMES INDEX – Part 5”



DISCLAIMER : This web-site is not associated with Phillip Securities Pte Ltd or any other entity in the Phillip Group of Companies (collective, the "Group). Any views, opinions, references or other statements or facts provided in this web-site are personal views of Collin Seow and are not supported, sanctioned or endorsed in any way by the Group.