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)
Notes for 011020 2126hrs.
1. The STI is on a NET DOWNTREND
2. On a technical basis, there are only 4 net UPTREND stocks in the STI component list
3. 56% of all component stocks in the STI are in a NET DOWNTREND
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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