STI Straits Times Index Broke Up 3200 Points on May 3 | Moses Stock Analysis

May 4, 2017

ST Index Daily Broke the 3200 Points Level

 

Finally, ST Index has broke out the two months resistance. The STI has broken above 3200 points level. This is the two years high. See next chart for the high.

May 3, 2017 Straits Times Index Crossed 3200 points Level

Straits Times Index and Support Resistance

See STI was trying to test the two months high back in end April. See chart below.

April 28, 2017 Straits Times Index and Support Resistance

Straits Times Index Broke the Two Years High

Picture worth a thousand words.

Some analyst think that if STI can float around 3100 points, the stocks should continue to raise. Will see.

May 4, 2017 Straits Times Index Broke the Two Years High

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