Singapore STI ETF (EWS) WipeoutOne week to wipeout the last five and a half weeks, at leasst 70% of the rally gains.
What does that tell you?
Very strong and surprising large bear.
So the EWS (Singapore Straits Times Index ETF) is telling us so...
MACD has a lower high, obviously weak, and now a cross down. The Rate of VolDiv
Key stats
About iShares Inc iShares MSCI Singapore ETF
Home page
Inception date
Mar 12, 1996
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EWS holds a concentrated portfolio of large- and midcap Singaporean equities, which covers approximately 85% of the total market capitalization in Singapore. Selected securities are weighted by market-cap and are constrained at each quarterly rebalance, such that no individual stock exceeds 25% weight and the aggregate weight of securities with over 5% allocation is capped at 50% weight of the portfolio. Prior to December 1, 2016, the fund tracked the MSCI Singapore Index and traded under the fund name, iShares MSCI Singapore ETF. The new index employed specific diversification schemes which impacted the funds weight allocation.
Classification
What's in the fund
Exposure type
Finance
Retail Trade
Stock breakdown by region
Singapore ETF, EWS to decide... bear in mindNot so much bullish from US elections, and quite the opposite really.
Already broke the support line as previously marked. Now, it is in a decision zone.
MACD is crossing down and VolDiv already crossed down.
Looks a more bearish outcome tho... even with a surging US market, the EWS would probably
Singapore STI ETF (EWS) - Retracement modeIt has been a while since I pulled up this chart. Missed on the bullish breakouts twice in 2024. Thing is that it is very obvious the technical indicators are stretched and long in the teeth... and a recent spike ended with a consolidation.
Given all these, a break down of the condolidation support
Singapore STI ETF (EWS) - Royal Flush Part VEWS really going to do it this time it seems... close below the support line.
This is premature on the weekly chart, but heads up, two things to happen...
First, a close below the support means a breakdown underway, especially if it is accompanied with a lower low.
Second, there needs to be a late w
Singapore STI ETF (EWS) - Royal Flush Part IVAs previously posted, BEAR. The thing is, since the last post, the EWS (and other indices) made a sucker rally that pulled in the bulls. And a few weeks later, they burned.
This time, the burn is shown by a failed breakout that is followed through the other side. Technical indicators are now in f
SINGAPORE STI ETF (EWS) - Royal Flush part IIIJust to highlight the Singapore going into technical recession]news first... that a technical recession is in the horizon, closer than we even realize.
Otherwise, the EWS SG Singapore ETF, is technically challenged, with imminent downside.
1. Lower high made, and a possible imminent lower low t
SINGAPORE STI ETF (EWS) - Royal Flush part IIAs expected previously, the Singapore STI (EWS) hit the first target range. It appears to have bounced off a bit in the short week (Friday is a Public Holiday, being Vesak Day). However, the technical indicators accentuate that there is more downside to come...
Breaking down below the support to fo
SINGAPORE STI ETF (EWS) - Royal FlushMultiple signals all aligned to much more downside in the Singapore STI...
1. A lower high. Watch for the lower low incoming!
2. Break out and then break back into the consolidation range. This is the second time, and expect an extrusion through the bottom of the range.
3. MACD lower high, and cros
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.