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STI

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 custom indicator is pointing to continued lower inflows since April (despite a strong rally) and was earlier warning of an unsustainable rally. The week's breakdown also broke the modified SuperTrend trailing stop (support) line. What does this mean? A break back into the Decision Boxm, and a breakdown through to the lower side all the way to the mid-2024 lows. BUT in order for this to happen, it probably needs the new year rally to make a weak attempt to get a lower high then the breakdowns come in waves in 2025. Heads up... herein have been warned.
AMEX:EWSShort
by Auguraltrader
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 index (as often encouraged by legendary investor, Warren Buffett), he would make a good profits of 171% profits or roughly 17% per year. However, it is not really fair to compare this two index since the composition of companies are very different plus the market cap of each index is also worlds apart. Not forgetting the liquidity component. As such, the devils is in the details and that is where investors spend time researching individual company and look for hidden gem. Companies such as DBS ,dividends rich companies like REITS such as AIMS ,etc. Each market is unique on its own and being a local here in SG offers benefits of researching into banks like DBS, OCBC where one can go on site and see and feel for himself. Same things for REITS where one can visits the malls, office buildings , industrial parks, etc to have a feel of the business and footfall. Investing in US on the other hand is totally different since most research is done online and whatever is published has to be taken on its own merits. In a world of uncertainty, one cannot put all his eggs into one basket and thus diversification is crucial to one's investment portfolio from geographical regions to sectors to asset classes. Of course, your investment capital plays a huge part since it is futile to spread too thin just for diversification purposes. That brings the question of having multiple sources of income and adhere to savings components (not lottery or casino wins) to assure recurring income that you can use to reinvest into the market when opportunity avails itself.
TVC:STI
by dchua1969
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 week rebound strong enough to get it back above support line. Then there is half a chance for a reversal. MACD appears not as bearish really. VolDiv is somewhat bullish to be honest. I'd watch this closely...
AMEX:EWS
by Auguraltrader
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 to come in the next weeks. Breakdown below the red line is a lower low; 2. Downside target 1 hit. One more much further; 3. Last week's candlestick has momentum for more downside; 4. MACD crossed down and below zeroline; and 5. VolDiv continues to deteriorate... All these points to breaking a lower low, and thereafter more downside to the lower target
AMEX:EWS
by Auguraltrader
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 crossed down. Bearish oops, look from crossing down into bear territory soon. 4. VolDiv crossed down. Targets drawn. On the other hand, the SG10Y bond yield just broke out too. This represents a flight to safety already in the making. Heads up!!!
AMEX:EWSShort
by Auguraltrader
Singapore Airlines (SIA : C6L) targets $7.00 and attempts to breLong term DOWNTREND SINCE 010908 Medium term UPTREND since 111021 Short term UPTREND since 311022 Singapore Airlines is 1 of 8 component stocks supporting the rise of the STI at the start of 2023. The long signal for this recent run started on 311022 at the price of $5.21. $7.00 is a significant target as it marked the start of last 7 year decline of the stock to a low of $3.20. PIVOT 5.74 Long positions above $5.74 for $7.00 and $8.65 Short positions below $5.74 for $4.89 and $3.20
SGX:C6L
by gekkohot
DBS rallies ahead of tomorrow's earnings reportThe stock has been performing well ahead of its earnings reports, thanks to the news that DBS will be the bank to utilise MaxxDigital – a digital asset platform that provides risk and FX solutions for institutions. Whilst Singapore’s regulators continue to clamp down on crypto trading for retailers, Singapore wants to become a digital-asset hub within the financial sector – and this could be the first step of many which help them do just that. DBS rose 3.6% on Friday following the announcement and has extended those gains to around 6% at the time of writing from Friday’s low. According to Reuters, 13 analysts recommend DBS stock for a ‘buy’ (4 of which are a strong buy) with 4 holds and no sell recommendations. The stock currently trades at 34.58 and has a median price target of 39.11 (+13%). DBS Daily Chart: The daily chart shows that DBS performed a strong breakout (with high volume) from its sideways range after prices found support at the 200-day and 50-day EMA’s. And that suggests it could be part of the bullish trend from the July low. However, there are a couple of warning signs that it may need to retrace a little before continuing higher. A bearish pinbar formed on Monday with low volume, and yesterday’s price action struggling to convincingly push higher. Gap resistance, $35 and the monthly R1 pivot point are nearby and RSI (2) is overbought - which can indicate a near-term turning point. With that said, the RSI(14) is over 50 and trending higher with prices, which is another reason we suspect any move lower is part of a retracement before prices head for the high around 36.30. Of course, earnings can be full of surprises and we may need to see DBS beat estimates for it to trade directly higher. Otherwise – assuming earnings is not too disappointing – it could help with a desired pullback, where we would seek bullish setups around the monthly pivot / prior breakout range.
SGX:D05Long
by CityIndex
Singapore STI ETF (EWS) signals a rough 2022The Singapore bourse STI ETF, EWS, has a very ominous outlook for the next couple of months into the end of 2022. Hyperinflation could be the current trending killer, but seems like more is likely to add on. Not sure what shoe will drop, but the charts tell it as it is... April and May ended badly entering into a range that saw May break down of that range briefly. The monthly technicals are showing a lot of underlying weakness, and the first downside target is shown. The lower range band must hold, and is quite likely to be tested and should hold (at least seen at this point). Otherwise, a low more downside will ensue... Heads up for the next half of 2022 Singapore!
AMEX:EWS
by Auguraltrader
STI (EWS) in Primary Downtrend (TD Sequential)The Singapore Straits Times Index (STI) is in a primary Downtrend. This is observed and concluded from the TD Sequential analysis. Referring to the monthly chart for the STI ETF (EWS)... The EWS in recent months had broken down hard, and bracked below the TDST support line within the downward TD Sequential. Now, typically, this series is called the Buy Setup, as it "times" the downtrend for a reversal. The reversal came in a short month (9th candle), and the following month (August) closed with a candlestick bearish in close, and also bearish in pattern where there is a long top tail that is at least twice the length of the body. Monthly technical indicators are bearish too, although not extremely. The next couple of months should see the EWS, and STI move lower. A very critical support is about 16.5-16.6, where the lows of the GFC and the Pandemic routs align a supporting trendline. BEARISH Wave!
AMEX:EWSShort
by Auguraltrader
1
AIY.SGX_Retracement Trade_LongENTRY: 9.55 SL: 8.91 TP: 10.10 - ADX>20 - RSI>50,RSI<70 - Daily RS +ve - Daily FFI -ve - Daily MACD -ve - Weekly RS +ve - Weekly FFI -ve - Weekly MACD -ve - Retraced to 61.8% fib level, and rebounded on 8 Oct 2021 with volume. - Looks like volume dry up today after yesterday selling volume, which is a possible bullish sign. - Earnings on 21 Oct 2021 to watch out for which should be good based on the numerous news they accumulated over the months.
SGX:AIYLong
by TRADER-WANNA-BE
DBS also has downside riskDBS, the biggest component of the STI, appears to have great downside risk. Breaking below support of 29.60, after a lower high, means a lower low is put in place. The weekly chart already had a Bearish Engulfing last week, and this week (left with 1.25 days) closing down below 29.60 to end the week would be another toppish candlestick pattern called the Three Outside Down pattern. Bad for tops. MACDs and RPMs look like shite... heads up. Oh, btw... may be a couple of weeks for this to pan out IF it really breaks down.
SGX:D05Short
by Auguraltrader
STI ENDS MARCH 2021 BULLISHThe STI establishes a new uptrend on ALL TIME FRAMES after it closed at 3181 with a significant break of its long term downtrend on the monthly Supertrend resistance of 3108. Referring to my STI Matrix table, the stocks that are on multiple time frame UPTRENDS include JMHUSD, UOB, DBS, OCBC, VENTURE, SEMBCORP IND, ST ENG and MAPLETREE COM TR. These are the components providing the tailwind to the STI for the past month. The REITS are building a base led by MAPLETREE COM TR and the banks are very bullish. Property counters like CAPITALAND, CITYDEV and UOL are showing strength. LONG TERM UPTREND SINCE 010321 MEDIUM UPTREND SINCE 071120 SHORT TERM UPTREND SINCE 250221 PIVOT 3115 Long positions above 3115 for 3411 and 3664 Short positions below 3115 for 3037 and 2974
TVC:STILong
by gekkohot