Singapore Stocks Scan | Straits Times Index Analysis July 7

Welcome!

 

With the recent incident in Euro and China, if you are a trader what will be your reaction. One, stay put and watch the next new development. Two, sell all the stocks to cut lost or take profit. Three, catch the falling knife and you may be the next billionaire.

Do anything you like, and be responsible for all your actions. You should be very aware of all the Risk you are endeavour in.

 

 

Singapore Stocks Scan Straits Times Index Analysis July 7

Singapore stocks benchmark, Straits Times Index, STI had broken the 3300 level and hover over near 3300. Price action keeps testing the same level, is it a significant level? Will see.

Slow MA, 100 MA still slopping down, Fast MA, 20 MA crosses below 50 MA, 50 MA crosses below 100 MA. Price action is below 20 MA. Price is bearish bias.

 

July 7, 2015 Straits Times Index, ^STI

July 7, 2015 Straits Times Index, ^STI

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thanks for visiting the website, have fun!

Moses

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