Posts Tagged ‘singapore index chart’

STI Index 18 May 2012

STI index Technical Analysis chart 18 May 12 shown STI had breakoutdownfrom the small ascending triangle formation( form by the grey horizontal and slant line) on 7 May 12 . Since then, STI had managed to break down from the strong levels of 2900 region to reach the next strong support levels at 2775 regions. At this point of 2775 regions, STI happen to be at the lower channel of the uptrend channel (red parallel line).

Depending on the outcome of the Euro and Greece crisis, a break out from the uptrend channel (red parallel line) will lead STI to go further down to the next possible support level of 2715 or 2630 or worst lower than 2520 levels which means a major crisis is in play.

Always trade with what you have and know how much you are willing to lose first.

Happy trading and always remember do your own homework and research. Kindly read my disclaimer.

STI Charting Nearing 200 Days EMA As Support

February 21st, 2011 No comments

STI 200Days Exponential Moving Average (EMA) Chart 21st Feb 2011

STI 200Days Exponential Moving Average (EMA) Chart 21st Feb 2011

STI Weekly | Daily | STI ETF Charts

February 15th, 2011 No comments




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