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Writer's picturejeremy cho

STI MARKET PULSE 11TH OCT 2020

ST Engineering is the latest addition to the 5 multiple time frame UPTREND stocks for the STI component stocks.


All the banks have short term buy signals with DBS being the most bullish. A break and hold above $22 will see further gains.


Observations :


1. The STI is on a short term uptrend since 06th Oct 2020.

3. 76% of all component stocks in the STI are on a short term uptrend.

3. On a technical basis, there are only 5 net UPTREND stocks in the STI component list


Notes :


The Matrix below is meant for Singapore Stock Investors to have an overview of the Straits Times Index for tactical trading.

All 30 components are listed and technical Buy/Sell deductions are provided.


There is a YELLOW HIGHLIGHTED box that shows only stocks in the STI components that are in a NET UPTREND. The NET UPTREND stocks are selected based on rigid selection based on Trend following Technical analysis on Multiple Time Frames.


ST - Short Term (suitable for Traders holding stocks for <1 week)

MT - Short Term (suitable for Portfolio Investors holding stocks for <1 month)

LT - Long Term (suitable for Portfolio Investors holding stocks for >1 month)


This Matrix will be updated tactically and can be downloaded on the homepage.


Use all information on my blogs based on your own discretion and risk management and precise technical analysis must be used before making any trades. This site and contents are for educational use only.


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