Market Technician

  Technical View: Long Term(6mths or more) : Bearish Mid Term(1-6mths)        : Bearish (MACD Bearish Crossover) Short Term(1mths or less):   Bearish Levels to watch: Resistance 2: S$17.50 Resistance 1: S$16.50 Support    1: S$15.50 Support    2: S$14.50 Probable STI Movement Preferred  : Bearish Downward movement towards S$15.50 Alternate  :  Range between S$16.00 - S$16.50 Remarks: All 3 trends (Long, Mid and Short term) are not in the stock's favour. Technical Terms (StockCharts.com): Dow Theory Moving Average Convergence/Divergence Oscillator (MACD) Moving Averages Trend Lines Support and Resistance Rate of Change (ROC) *Above comments and chart presented are for the sole purpose of Technical Analysis (TA) education. Disclaimer applies.

  Technical View: Long Term(6mths or more) : Bearish Mid Term(1-6mths)        : Bearish (MACD Bearish Crossover) Short Term(1mths or less):   Bearish Levels to watch: Resistance 2: S$0.70 Resistance 1: S$0.65 Support    1: S$0.55 Support    2: S$0.50 Probable STI Movement Preferred  : Bearish Downward movement towards S$0.55 Alternate  :  Range between S$0.65 - S$0.55 Remarks: All 3 trends (Long, Mid and Short term) are not in the stock's favour. Technical Terms (StockCharts.com): Dow Theory Moving Average Convergence/Divergence Oscillator (MACD) Moving Averages Trend Lines Support and Resistance Rate of Change (ROC) *Above comments and charting is for the sole purpose of Technical Analysis (TA) education. All disclaimer applies.

  Straits Times Index (STI) Technical View: Long Term(6mths or more) : Bearish Mid Term(1-6mths)        : Bearish Short Term(1mths or less):   Bearish Trading the Singapore Market (Long Trades) Long Term Trades : Not Preferred Mid Term Trades  : Not Preferred Short Term Trades: Not Preferred Levels to watch: Resistance 2: 3,150 Resistance 1: 3,000 Support    1: 2,800 Support    2: 2,700 Probable STI Movement Preferred  : Sideway Range between 2,800 - 3,000 Alternate  : Bearish Downward movement towards 2,700 Remarks: STI is testing its 2,800 support level. If broken, STI will likely to continue its downward movement towards the next support level at 2,700. STI movement bias is tilt towards B earish as the recent short term highs are trading lower. Comments on STI Technical View Long term trend is bearish as 50 D...

Straits Times Index (STI) Technical View: Long Term(3mths or more) : Bearish Mid Term(1-3mths)        : Bearish Short Term(1mths or less):   Bearish Trading the Singapore Market (Long Trades) Long Term Trades : Not Preferred Mid Term Trades  : Not Preferred Short Term Trades: Not Preferred (^Only short trades and profit taking are preferred for this week) Levels to watch: Resistance 2: 3,150 Resistance 1: 3,000 Support    1: 2,800 Support    2: 2,700 Probable STI Movement Preferred  : Sideway Range between 2,800 - 3,000 Alternate  : Bearish Downtrend towards 2,700 Remarks: STI likely to retest 2,800 level and if 2,800 support level is broken, STI will likely to continue its downtrend towards the 2,700 level. Comments on STI Technical View Long term trend is bearish as 50 Days SMA is trading below the 150 Days SMA and 150 Days SMA cont...

Straits Times Index (STI) Technical View: Long Term(3mths or more) : Bearish Mid Term(1-3mths)        : Bearish (Bullish if breaks above 3,000) Short Term(1mths or less):   Bullish Trading the Singapore Market (Long Trades) Long Term Trades : Not Preferred Mid Term Trades  : Not Preferred Short Term Trades: Preferred - counter-trend swing trades at support levels. Levels to watch: Resistance 2: 3,150 Resistance 1: 3,000 Support    1: 2,800 Support    2: 2,700 Probable STI Movement Preferred  : Sideway Range between 2,800 - 3,000 Alternate  : Bearish Downtrend towards 2,700 Remarks: Alternate is preferred if STI breaks 2,800 support level. Comments on STI Technical View Long term trend is bearish as 50 Days SMA is trading below the 150 Days SMA and 150 Days SMA is downward sloping. Mid term trend is bearish as resistance (3,000) ...

Straits Times Index (STI) Technical View: Long Term(3mths - 1 year): Bearish Mid Term(1-3mths)        : Bearish (Bullish if breaks above 3,000) Short Term(1mths or less):   Bullish Trading the Singapore Market (Long Trades) Long Term Trades : Not Preferred Mid Term Trades  : Not Preferred Short Term Trades: Preferred - counter-trend swing trades at support levels. Levels to watch: Resistance 2: 3,150 Resistance 1: 3,000 Support    1: 2,800 Support    2: 2,700 Probable STI Movement Most Likely: Bearish Downtrend towards 2,700 Alternate  : Sideway Range between 2,800 - 3,000 Remarks: Alternate is favourable if STI breaks downtrend line. Comments on STI Technical View Long term trend is bearish as 50 Days MA is trading below the 150 Days MA and 150 Days MA is downward sloping. Mid term trend is bearish as resistance (3,000) holds, even ...