The STI has reached its 16 years high.....Closer to home, we also witnessed an all time high for the Singapore stock market. The last time it hits 3573 price level was in 2007, almost 16 years ago.............
With the banks taking up close to 50% of the index, it is also evident from the chart that DBS bank has been rallying 2016 till its
STI: Possible topping in '24-'25 ??Interestingly, the wave relationship fitted nicely from 1999 to 2008 where wave 'a' was equal to wave 'c' to form the primary wave A(red). Wave C @ 0.618 of wave A from wave B projects towards 3877 together with other minor clusters in that range suggesting a probable resistive band. A 3-4 year cyc
STI Going to break 14year of sideway market?14th July
Will STI breakout from its sideway market since 2021 (Short time frame) & 2010 (long time frame)
Break above 3650 is worth a celebrate for STI this slow market.
Bias a breakout soon
Buy the dip for STINow with the ongoing war between Russia and Ukraine, will the Feds still consider the interest rates hike ? Will this war escalates the already skyhigh inflation rates further ?
Or perhaps the Fed will use this news and temporarily halt the rates hike ?
STI is still on a bullish move and I see t
Is it difficult to make money in STI ?Plotting a line graph over this random 10 years period, we can see that if one invest money into the STI, he made a loss of around 26% (if he sells out but breaks even at best if he holds till now).
Conversely, in the same time frame of 10 years, if he would diversify into US and invest in the SPX
STI heading towards 3300 by year end !Those who did not take advantage of STI index when it went down below 3000 , there is another opportunity. Likely, there would be a retracement to the right shoulder towards 3096 level before I think it starts to rally towards 3300 level.
I am bullish on banks, some REITS and a few stocks which I h
STI INDEX - AT INFLUX WITH UPWARD BAISSTI Long term index charts are trading at influx point. Caught in the bull and bear fight index is hovering around 3200 mark. See a reverse head and shoulder pattern appearing on the long term charts which may unfold in next few months when the neckline is confirmed breakout. This is a long term cha
If there's going to be a global recession, SG will go down hardThe top 30 companies of Singapore failed to post any gains since 2010. If the world is heading into a recession, Singapore won't be spared the fallout.
STI Sneak Peek Noted the current Double Top formation on the STI (Straits Times Index, Singapore)
Oddly, 4 April was the advanced marked date for a top (hence, red time line).
Previous marked dates (thing lines) and forward marked dates (thick dotted lines) are there. It is intriguing to see the uncanny accuracy
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The weakest component of STI Index is SGX:M44U — it's lost −20.63% over the year.
STI Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy STI Index futures or funds or invest in its components.
The STI Index is comprised of 30 instruments including SGX:D05, SGX:O39, SGX:U11 and others. See the full list of STI Index components to find more opportunities.