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Singapore

COVID-19 check-in on Singapore, Malaysia, Indonesia and ChinaSimilarly to previous scan set up... Singapore numbers are rising, heads up given weeks ago, and still continue to rise... once the MACD histogram crosses above zero, it is highly likely to be the next wave. Having said that, you can see China’s chart is just about starting up (ahead for Singapore), and after Chinese New Year, would likely be a spike or Wave 2 in motion, IMHO, it has already started for China. Indonesia is accelerating again in their initial wave... Malaysia is deep into Wave 2 and has not peaked out yet. Risks are there, and honestly does not appear that a vaccine would quell the pandemic. Perhaps mitigate the spread and moderate its acceleration somewhat. So be prepared. We are getting data heads up weeks, maybe months in advance.
C
by Auguraltrader
MSCI SINGAPORE INDEX ready for a new bullish run 🦐MSCI SINGAPORE futures after the nice impulse until the 333 level started a retracement move. The market touches the 0.382 Fibonacci level over a support structure and started a consolidation move. IF the price will break and close above the minor resistance structure, we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together.
SGX:SGP1!Long
by InkyGrip
SG Market Technicals Ahead (7 Dec – 11 Dec 2020)The Straits Times Index (STI) retraced -0.56% (-15.93 points), implying the play of the weekly Bearish Shooting Star candle highlighted last week. This retracement also coincide with the gap resistance zone of 2,900-2,960 levels. However, STI have exhibited its first major moving average golden cross (50DMA vs 200DMA) which was last witnessed in March 2019. The significance of this major MA golden cross is a midterm predictor for direction of its market index in the next 6-9 months. The major support to watch at this junction is at 2,785 level, a minor classical support established last week.
TVC:STI
by jfsrevg
Singapore Straits Times Index (STI) has Dark Cloud Cover issues!Technically, this is a classic pullback all set up... A strong rally to the upside based on vaccine elation supported by financials and sectors for "going back to Normal" followed by a Dark Cloud Cover candlestick pattern that was confirmed with a Gap Down. It is just above a range support, but breaking into the next Gap Down range (below the red line) would be very bearish. MACD is showing a bearish cross down Similarly the Relative Price Strength has crossed down What this means is that to keep up with the bullish rally, there needs to be a much greater upward push... which is less probable than the easier downside retracement. Still, this downside may be quick, shallow and a set up for the bigger picture in 2021...
TVC:STIShort
by Auguraltrader
COVID-19 Scanning outlook for US, SG, MY and IDJust compiling a snapshot chart of the COVID-19 confirmed cases of US, SG, MY and ID. These charts are avail in TradingView and if you are worried about the situation getting better or worse, you can use the MACD to give an indication. Remember that these charts track the Confirmed cases, so the charts will only increase, else flatline. Here we see how SG has flatlined much, such that the MACD is falling. Contrary to that, the US numbers are escalating again, and MACD clearly shows it is in Wave 1.3 Indonesia is increasing, but the rate is moderating at best. And in Malaysia, it is escalating so fast, it is almost going parabolic. The MACD accentuates the rising differences per week on week. All these can give a better outlook into the fear of future lockdowns, and perhaps Forward economic status. Hope this helps!
C
by Auguraltrader
💡Don't miss the great buy opportunity in USDSGDMidterm forecast: While the price is above the support 1.3400, beginning of uptrend is expected. We make sure when the resistance at 1.3885 breaks. If the support at 1.3400 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 1.3549 on 2020-09-01 and the trough at 1.3512 on 2020-10-22, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is formed in daily chart at 1.3510 on 10/22/2020, so more gains to resistance(s) 1.3550, 1.3675, 1.3785 and maximum to Major Resistance (1.3885) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 35. Take Profits: TP1 @ 1.3550 TP2 @ 1.3675 TP3 @ 1.3785 TP4 @ 1.3885 TP5 @ 1.4270 TP6 @ 1.4635 TP7 Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
17
STI BEARISH ON ALL TIME FRAMES. WATCH 2448.The STI short signal on the 4hr charts issued on 271020 gave traders 2 days to prepare their shorts and trim positions. The STI short signal on 281020 the day charts was the last line in the sand to trim positions. STI gapped down on 291020 to test 2448. A break and hold below 2448 will test 2200. Only a break and hold above 2509 will resume ST selling pressures. The STI has been on a MT/LT DOWNTREND SINCE THE SHORT SIGNAL WAS ISSUED ON THE WEEK CHARTS ON THE 5TH OF OCT 2019 LAST YEAR.
TVC:STIShort
by gekkohot
DBS: Triple Tops or Bullish Triangle Breakout?SGX:D05 is in the crossroad, either the Triple Tops will prevail or it will be a bullish breakout. Based on the current formation, and if we combined with Supply and Demand; it is wiser to wait for Long Setup rather than Shorting it. As at today there is no LL yet and overall still Buyer in control. Here is my personal call: Buy Stop at $21.65 Stop Loss at $21.30 Take Profit at $23.00 Risk Reward Ratio = 3.97R Potentially, you can buy yourself an iPhone 12 Pro Max 512Gb by end of the year, if you place 1 lot on DBS. Good Luck! Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee. As always, move your SL when you are in the profit zone.
SGX:D05Long
by machintose