Straits Times Index – [ Rebound Came As Posted, Up 100+ Points, What Are We Looking At Now? ]

4th November, 2018, 9:14 AM

Straits Times Index – [ Rebound Came As Posted, Up 100+ Points, What Are We Looking At Now? ] Straits Times Index 4th Nov 2018

Chart Source: Poemsview 4th Nov 2018

Straits Times Index had a magnificent run once again with a rebound of over 100 points since our post on it last Monday Night.

While many were still bearish and  looking to short from our post we were looking out for a rebound.

STI ran up over 100 points or close to 4% in three days causing most shortist to cover their position. Such an increase might have taken traders by surprised but we were prepared for such a run.

Blue Chips like Banks and Property Stocks led the Charge as mentioned in the same Blog Post too. We hope that our avid readers have learnt something from this and maybe even benefitted from this rebound!

So what are we seeing in STI next?

  1. We have drawn the downtrend resistance line which is around 3160 and might  be our target for this rebound for now
  2. Currently, STI almost covered the Gap resistance and is also around the 50ema resistance which is 3130 area.
  3. A pull back wouldn’t be too much to expect and a pull back might present some opportunity for short term trading.

Last week for a good week for bullish traders and we hope it was good for you too. Our list of stocks all performed well. How about yours?

We’ll be conducting a final workshop on how to use CFD to long or SHORT the STI index in Nov before the year comes to a close.

Look out for it!

Still clueless on the market direction? Not sure of which stock to look out for during a rebound?

Want to be part of this EXCLUSIVE COMMUNITY help guide and prepare for market.

Don’t wait and CLICK HERE to see how you can join this community and all the exciting perks of being a Client of Kelwin&Roy

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Rebound In Sight After The Panic Selling? What Is The Chart Saying? ]

29th October, 2018, 8:41 PM

Straits Times Index – [ Rebound In Sight After The Panic Selling? What Is The Chart Saying? ]Straits Times Index 29th Oct 2018

Chart Source: Poemsview 29th Oct 2018

Straits Times Index fell to our planned area of 2985 from our previous post and fell further to around 2960. We’re glad that the Straits Times Index moved as planned and currently is sitting on the long term support line as drawn.

Will This support hold? Who knows right? But we’re seeing some signs of resilience and the 2960 levels seems to be holding. On Further examining, the Straits Times Index is currently being pinned down by the 5ema at around 3004. Until this can be broken then we might see some rebound in the near future.

Some points which we might see a rebound to might be 3031 and 3070 if the market continues to hold.

What are some of the stocks on your shopping list? If the market were to rebound are you prepared for it?

We have our shopping list ready! Banks, property counters are at a low, could there be good for a rebound?

Let’s watch!

Still clueless on the market direction? Not sure of which stock to look out for during a rebound?

Want to be part of this EXCLUSIVE COMMUNITY help guide and prepare for market.

Don’t wait and CLICK HERE to see how you can join this community and all the exciting perks of being a Client of Kelwin&Roy

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Panic All Around But Some Signs Were There When We Posted Back In Sept]

11th October, 2018, 10:26 PM

Straits Times Index – [ Panic All Around But Some Signs Were There When We Posted Back In Sept] Straits Times Index 12th Oct 2018

Chart source: Poemsview 12th Oct 2018

It was a crazy day yesterday where most traders might rather erase it from their memories as our Straits Times Index plunged 84 points or down 2.69%. Such days don’t occur  so often and whenever it does it does cause panic and fear unless you’re on the right side.

How to avoid such pitfalls? Looking at the support/resistance could be one way. Another way is to have an extra pair of eyes during market hours to help bounce off ideas and remind one another of potential dangers. Two Heads are better than one!

From our previous update of the Straits Times Index just end sept, we mentioned that a key resistance was around the 3260 area and true enough the market could not push through and started retracing. From then we were also actively looking out for stocks that were weak as they might be the first to be sold down  True enough they started peeling off one by one. And we’re glad that our EXCLUSIVE CLIENTS were warned out it.  Blue chips started to come off after the rebound, followed by mid cap which we were glad we caught them on the downside and was spared the meltdown yesterday.

We have drawn some possible support levels for the Straits Times Index. Some possible scenarios might be an attempt to rebound to the gap area and failure to clear might see more downside to our lower support of 2985 area. Or it could continue to slide with mini rebounds in between.

Will update more when the time comes.

Meanwhile Happy trading!

and If you need an extra pair of eyes during market hours you know who to Contact! 

We’re right here waiting!

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Where To Now?]

25th September, 2018, 8:36 AM

Straits Times Index – [ Where To Now?] Straits TImes Index 25th Sept 2018

Chart Source: Poemsview 25th Sept 2018

Straits Times Index seems to be resisted by the 50 days moving average yesterday as it hit there and came down.

Our Straits Times index staged a relatively impressive rebound from its double bottom of 3100 to a high of 3232 so a small pullback is not too much to ask for.

As its resisted by the 50ma, a pullback to around 3180 area might be possible which might present an opportunity to scale into the market for a rebound. At this level we’ll evaluate the market again.

A rebound might happen which might take us to around 3260 level. A break above the 50ma might signal more upside. So we’re watching for the break.

In the meantime we’re also having a watchlist of stocks for both rebound and for the downside too.

Do you have a watchlist?

Still clueless about what’s happening in the market?

Drop us a line and we’ll be glad to help.

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ National Day Rally, Will It Continue? ]

9th August, 2018, 9:08 PM

Straits Times Index – [ National Day Rally, Will It Continue? ] Straits Times Index 9th Aug 2018

Chart Source: Poemsview 9th Aug 2018

We hoped everyone enjoyed watching the National Day Parade and managed to spend some quality time with friends and family.

As promised, we’re giving constant updates on the Straits Times Index.

Straits Times Index had a powerful rally on Tuesday up over 60 points at one point in time. It was a rare treat as we hardly see our Straits Times Index putting up such a spectacular show.

Some contributing factors was that UOB, OCBC and Venture all reported a good set of results which resulted in a push in the market. It also caused  the shortist to cover their position as the rally was just too fierce.

So, will this rally continue? Well, it’s back to our trading plan drawn a few days back.

  1. STI did pull back but not as much as we expected which could indicate some strength. A higher low formation looks in place.
  2. The Resistance at the 3338 area continues to hold as mentioned previously.  A break and staying above that might indicate a higher swing up to 3417 area. We’re watching for this break.
  3. The 3338 resistance also coincides with the uptrend support turn resistance now. So if STI manages to stay above it we might see further upside.

Once again, we hope our timely updates on the of the Straits Times Index on our blog has been useful.

If you’re interested in knowing how to use Poems CFD to long or short our Straits Times Index then our upcoming workshop on the 15th Aug is for you.

More details in the Link HERE

Don’t miss out as we’ll be sharing on how to be part of our EXCLUSIVE COMMUNITY too.

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Off To A Shaky Start, Our Plan Now]

3rd August, 2018, 7:21 AM

Straits Times Index – [ Off To A Shaky Start, Our Plan Now]

Chart Source: Poemsview 3rd Aug 2018

After a nice rebound for about 3 weeks, our Straits Times Index saw some cracks and slammed down quite a fair bit yesterday.

Trump’s plan to increase the proposed 10% tariff to 25%, couple with DBS’s results which didn’t meet expectation sent our Straits Times Index down 42 points to its nearest support at 3283 region.

Banks took a hit as the impending trade wars could hurt their books and with DBS reporting results which missed the marked, traders took the chance to offload OCBC and UOB.

From our previous plan, Straits Times Index did a pull back after hitting our 3334 region and after retracing managed to fight back to come back to resistance as planned.  So what are we planning now?

  1. 3335 area is a resistance we must respect. Breaking and staying above this might take us to our next possible target of 3410.
  2. If the support at 3283 region don’t hold then we might see it test 3224 region.
  3. STI broke its short term uptrend line and is below its 10ema which isn’t a good sign if you’re on the long side.
  4. We’re watching for the breaks and will act accordingly.

We hope our timely updates of the Straits Times Index has been useful as we manoeuvre this market without falling into unnecessary traps. Preserving our capital is important as we await for clearer market directions.

Need an extra pair of eyes to help guide and remind of potential pitfalls?

Be a Client of Kelwin&Roy as they come alongside you in such an uncertain and volatile market.

Don’t miss out.

JOIN THEM NOW!

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Hitting Our Target! What We’re Doing Next]

26th July, 2018, 9:01 PM

Straits Times Index – [ Hitting Our Target! What We’re Doing Next]Straits Times Index 26th July 2018

Chart Source: Poemsview 26th July 2018

Straits Times Index hits our target of 3334 region as previously blog. We’ve been constantly giving updates on the Straits Times Index guiding and sharing our views so that our community may benefit from it. In fact, the last time we updated was just 3 days ago. 

The Straits Times Index had a nice rebound from where we spotted at 3220 till now, over 120 points.

A few things that we may do.

  1. Book some profit. As STI has seen over 3% increase we might want to book some profit as its currently at some resistance.
  2. Looking for an entry on pullback to about 3295 area or the 10ema depending on market developments.
  3. Our next target might be 3410 in the coming weeks.

Want to be part of our EXCLUSIVE CLIENT and be informed in advance of such trade analysis in order to plan and prepare?

Then be Kelwin & Roy’s client to enjoy such value added services.

Don’t miss out further!

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Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Rebounding Off From Our Support, Looking At Next Target]

23rd July, 2018, 8:21 AM

Straits Times Index – [ Rebounding Off From Our Support, Looking At Next Target] Straits Times Index 23rd July 2018

Chart Source : Poemsview 23rd July 2018

Straits Times Index has had a rather nice rebound over the last week. STI hit our support of 3220 which held and started staging a rebound  close to 80 points from the low. In fact, it was one of the strongest market in the region when others were falling.

We’re glad we managed to alert our readers on this.

It has gone above the 10ema as we pointed out from our previous blog post From then our Straits Times Index showed great resilience and made a good come back.

Our next possible target might be 3334 area where there could be potential resistance.

One main concern might be the ongoing trade war which might even escalate to a currency war. And trump continues to talk about imposing tariffs on all $505 billion of Chinese goods. But the good thing was that market didn’t react too negatively to that. So we’ll continue to be nimble and trade accordingly to the charts.

Phillip Securities CFD is the only stockbroker in Singapore providing the Straits Times Index for trading! Do contact us to know more to take advantage of the rebound.

Another round of rebound might soon be coming.

Want to be part of our EXCLUSIVE CLIENT and be informed in advance of such trade analysis in order to plan and prepare?

Then be Kelwin & Roy’s client to enjoy such value added services.

Don’t miss out further!

JOIN THEM NOW!

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ More Updates And Game Plan After Trump Announced Tariffs on $200B More Chinese Goods]

12th July, 2018, 8:25 AM

Straits Times Index – [ More Updates And Game Plan After Trump Announced Tariffs on $200B More Chinese Goods]

Chart Source : Poemsview 12th July 2018

Straits Times Index opened much lower on Wednesday after Trump announced another round of tariffs in the morning.

At one point of time our Straits Times Index was down over 50 points scaring most traders and investors. This was perfectly normal as the announcement was made early in the morning and traders started to dump their shares.

There were a few interesting things that stood out for us.

  1. STI fell and hit our downtrend line support which we drew on Monday
  2. STI fell and hit our horizontal support which we also drew on Monday
  3. STI closing is very close to the 10EMA

Our game plan now.

  1. Watching the 10 EMA closely to see if STI is able to close above it again.
  2. Watching the support around 3220 region to see if that can hold

Don’t be too anxious to make a move. Watch for more stability before making a move.

Want to know more how you can long or short the Straits Times Index with ease?

We’ll be holding a workshop on CFD : (All and Why you need to know about it.) on 18th July.

Do Register for it as we’ll also go through how to use CFD for SHORTING. A Very crucial tool a trader needs to have in this day and age of trading.

https://www.eventbrite.sg/e/cfd-all-and-why-you-need-to-know-about-it-tickets-47616183286

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Updates And Game Plan After Property Cooling Measures ]

9th July, 2018, 9:07 PM

Straits Times Index – [ Updates And Game Plan After Property Cooling Measures ]

Chart Source: Poemsview 9th July 2018

It has been a rather tough month for our Singapore stock market as we were hit by the trade wars and took another blow on friday as the government released a new set of property cooling measures.

Needless to say, our market slammed down on Friday becoming the worst performing index in the region. Every bounce during the past few weeks seems to be met with resistance which our index cannot break through and eventually breaking support to continue its downwards slide.

Is the selling over? We covered our shorts back in June and were waiting patiently waiting for a rebound which hardly came and took on some new shorts like China Sunsine which gave us good results.

Our game plan is easy.

  1. We’ll only look for  long opportunities if STI manages to at least stay above the 10ma. Ever since STI came down it has never broken above the 10ma
  2. The short term downtrend line and the 10ma are very close. We’ll also continue to watch them.
  3. If STI fails to hold 3190 level then the next level it might take us to might be 3115 region.

Remember to have a game plan which include a stop loss! In times like these it’s also important to preserve your capital and wait for a clearer picture before making a move.

Don’t be too anxious about catching the rebound at the exact lowest point, its fine to catch it at a little higher with a bit more confirmation.

Need an extra pair of eyes or a someone to guide you during market hours especially during such times?

We’re just a call/whatsapp/email away.

Be A CLIENT OF OUR TOP TIER REMISIER KELWIN&ROY and trade with confidence with them.

Yours

Humbly

Kelwin&Roy

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Warren Buffet