Straits Times Index – [ A New Quarter Unfolds]

1st April, 2018, 10:29 PM

Straits Times Index – [ A New Quarter Unfolds] Straits Times Index 1st April 2018

Chart Source: Poemsview 1st April 2018

Straits Times Index or STI for short had a shaky first quarter and have  caused some panic amongst investors/traders. Its understandable why people are giving up on the market due to the whipsaw. Volatility has been increasing and frequent whipsaws are wiping trades out.

One advise we could give to our readers is to remain calm. Don’t overreact and be over bearish when the market comes down as you can see market rebound rather fast after a drop.

Be prepared to take profit fast and have a cut loss in mind too. Never let your loss run beyond control. You’ll be setting yourself up for a disappointing end.

If we observe the month of April for the STI we might see that for the last few years the straits times index tends to be moving up. Will history repeats itself? No one can be sure.

STI has a few hurdle to cross in order for its uptrend to continue. It has to first cover the gap at around 3443 after which the downtrend line which might be around 3500 level.

Its downside might be to the 200ma which has not been broken for the last 1 year. A break below that could either trigger more selling or a fake break down to around 3360 level.

We are cautiously optimistic but might change our trading plan fast to capitalize on the market’s movements.

If you wished to be informed of such movements then CLICK HERE .

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

 

 

Straits Times Index – [ Where To Now??]

21st March, 2018, 11:00 PM

Straits Times Index – [ Where To Now??]Straits Times Index 21st March 2018

Chart Source: Poemsview: 21st March 2018

Straits Times Index or STI had a fake breakdown from its uptrend support line yesterday.

It managed to close above the uptrend support line and tested it again today. For now markets are awaiting fed’s decision on the interest rates. Although markets are prepared for interest rates to raise this time, they are watching what the new Fed chairman Jerome Powell has to say during his first news conference.

As such, this might bring more market volatility has market embrace to the new changes. Market is still uncertain as to how many more hikes are coming this year or next and market dislikes uncertainties.

So continue to follow closely, we have drawn some support lines and resistance lines. And watching for the breaks. Overall, if there are pullbacks it might present opportunities to position ourselves for a next possible upswing.

So STAY TUNE!

CLICK HERE if you are serious about trading and want to be informed of the latest movement in the market

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

STI – [ Another Round of Updates]

20th February, 2018, 9:26 PM

STI – [ Another Round of Updates]Straits Times Index 20th Feb2018

Chart Source : Poemsview 20th Feb 2018

Straits Time Index (STI) had about 150 points rebound since the low of 3340 on 9th Feb. We been actively updating everyone on the movement of the STI since dow dived 666 points on 4th Feb spotting opportunities for a rebound.

Since then we been updating every few days over 3 post in under 2 weeks and never leaving our community alone at such time. We hope our readers have learnt a thing or two and made good use of the pullback.

For now the Straits Times index is currently resisted at around 3491 which is also near the 20 days moving average. We have seen the index making a good come back since our post . And one should lock in some profits at least.

STI could consolidate before making its move up. Some pullback to 3440 levels would present some chance for entry and a break above 3491 might see more upside to 3525 level.

Once again, if you don’t want to be left out and would like a guiding hand feel free to Contact Us.

We’re in the midst of compiling another list of stocks and hope you’ll be able to join us. =)

Click HERE if you are serious about joining our exclusive community where we’ll reveal our next TOP5 stocks that we’re looking at!

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

 

STI – [GoodBUY or GoodBYE! ]

10th February, 2018, 10:21 PM

STI – [GoodBUY or GoodBYE! ]

Straits Time Index 10th Feb 2018

Chart Source: Poemsview 10th Feb 2018

Straits Times Index(STI) had a brutal week and some might have gotten hurt through this week. It’s no surprise that one would be giving up hope at this juncture as the wide swings might have caused confusion and despair.

Well, we always treat this as a learning point, remember what we seen and commit it to memory. That is why we also like to always remind ourselves about stop loss and trade size. These are key to trading success.

It is also important to have a community that can spur and encourage you to carry on and press forward. Two are better than one, If either of them falls down, one can help the other up. Are you in a community that picks you up when you fall? Help look out for your  blind spots? If you desire to be in such a community. We been updating regularly since the Dow fell and not letting our clients feel alone . 

Read on to know more as we reveal more towards the end. But first, let’s look at our STI. 

The Straits Times Index (STI) has come close to our 200ma (3300). It also coincides with our uptrend line so we might find some support around there. If it doesn’t hold then we might even see the next support of around 3250 being hit. Of course we don’t wish for such a scenario.

Is it time to say GoodBye? Or are you looking for some GoodBuys?? Some Blue Chips are on our list too.

We are getting ready our shopping list. Have you gotten yours??

Click HERE if you are serious about joining our exclusive community where we’re reveal the top5 stocks that we’re looking at!

Open A Trading Account With Us and be updated of  the list of stocks that could potentially benefit from a rebound.

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

STI- [Crash Or Correction?]

7th February, 2018, 8:19 AM

STI- [Crash Or Correction?]

Straits Times Index 7th Feb 2018

Chart Source: Poemsview 7th Feb 2018

Straits Times Index (STI) had a wild ride on tuesday as Dow Jones took another dive of over 1100 points on monday night.

The Dow had an amazing ride from futures being down of 900 points to finally managing to close up of 500 points. In all, it went through over a 1000 points swing.

So is it a crash or correction? And are you prepared for either  scenario??

Although our Straits Times Index (STI) had a late day recovery due to the volatility we would prefer to take position more intraday positions or very short term positions and wait for the market to be more stable.

The wide swings can wipe even seasoned traders out so its better to preserve our capital and not rush into things yet.

We would take this opportunity to look for good blue chips that have been sold down. Its the great stock sale!

Our next level of support of the Straits Times Index could be around 3324 or the 200ma.

Need someone to help guide you through this time and cut through all the noise?

Click HERE if you are serious about joining our exclusive community.

Open A Trading Account With Us and be updated. We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

Singapore Straits Time Index – [What’s Next??]

14th September, 2017, 11:29 PM

Singapore Straits Time Index – [What’s Next??]

Chart  Source: Poemsview,  Date (14 Sept 17) Straits Times Index 14 Sept 17

 

Since our Blog post on Sti one week ago, it had a nice downside to around today low of 3209 area which is quite close to our 3200 target support . Despite other markets having some rally for the past week ( e.g S&P500 had a new record closing this week) , Sti was instead trading in a sideway range closing at 3220 today, which is a indication of weakness .

We can also see the 20ma remains below the 50ma , which is a further indication of Sti weakness. If Sti were to continue its slide and break below the 3200 support level , the next support level may be 3166 follow by 3150 which could be a important support level as it is also its 200ma level.

For Index trading , We usually use a zone to determine the support and resistance level .

Want to know more on how we managed to spot such a move ?

We’ll be having a training seminar next Tuesday where we’ll be sharing our trading setups for Free so do join us if you’re keen to learn by simply register HERE

Yours

Humbly

Kelwin&Roy

 

Singapore Straits Time Index – [ Good To Pay Attention]

8th September, 2017, 1:09 AM

Singapore Straits Time Index  – [ Good To Pay Attention]STI

Many have been asking our view on the Straits Time Index so we’ll just share our humble view.

From a technical perspective, we can see the 20ma cutting the 50ma from above and this hasn’t happen for a year. Adding to that September is a seasonally lousier month for stocks. We would like to er on the side of caution and not be heavy long in the market yet until a clearer sign is shown. Trump’s tax reform and North Korea missile test are some factors holding the market hostage.  The Moving Average are now acting as the resistance so unless a break above those could be strength to us.

We can see that whenever the straits time index try to rally, the rebound gets a little weaker and its starting to form a lower high in that sense. Recently it tried to break above 3250 but failed. Its support is currently around 3225 region and a break below that could send it down to a strong support of 3200 area first.

Market is also frustrating as its up one day and down the other. We advise looking at individual chart as some stocks are still displaying some strength.

This is just a short sharing but feel free to Contact US if you like to discuss more.

Yours

Humbly

Kelwin&Roy

Straits Times Index – At A Pivotal Point

13th July, 2017, 12:24 AM

Straits Times Index – At A Pivotal PointsTI

We’ve been asked by many on our views on the straits times index or STI for short and thought we’ll just do a short sharing over here.

From our chart the immediate support of STI would be around 3200. Many eyes are on it and the moment it stays below that, it might attract  shortist to come in.

STI has been ranging between 3258 region and 3200 for the last 2 months with no real direction. So if a break were to occur this might set the tone for a pullback. The 20 days MA is sloping down and have cut the 50ma too which in a technical term means the direction might be down. This hasn’t occurred since late last year. Dow, Nasdaq all have been making new high but our Straits Times Index hasn’t seem to make any new high.

With each rebound STI can’t seem to break out too. So lets watch to see which levels play out. We got our next few levels of support drawn. And would be ready in the case if STI starts to fall. The 200ma would be our final support. The banks which have largely been supporting the STI also seems to be pulling back.

We’ll be using Poems CFD and did you know that poems is the only stockbroker in Singapore that offers the Straits Times Index for trading? =)

If you want to learn more about Poems CFD and how you can be trading the STI both long and short. Just click HERE as we’ll be having a seminar next Wednesday show casing our CFD and some of our strategies.  Hope to see you there.

Yours

Humbly

Kelwin&Roy

 

STI – 3249 Closed Right On Our Target, More Upside Might Be Possible

11th May, 2017, 1:10 AM

STI – 3249 Closed Right On Our Target, More Upside Might Be PossiblesTI

STI (Straits Times Index) hit our target and closed right on it since our blog post on 2nd may . Our next possible target could be 3288 area.Do remember to plan your trade and take profit along the way

Some have asked where and how to trade the Straits time index and we are happy to say that at poems is the only stock broker in singapore providing traders with the Straits Time Index CFD.

Just drop us a mail and we’ll be glad to show you how you can participate in this exciting index.

Yours

Humbly

Kelwin&Roy

STI – Broken Below the 20 Days Moving Average

22nd March, 2017, 10:50 PM

STI – Broken Below the 20 Days Moving Average

The STI or straits times index has caught our attention because it has finally closed below the 20 days moving average.

From the chart we can see that the STI has stayed above the 20 days moving average for the last 3 months and even when it tried to break down it managed to rebound from it. But for today things look a little different. STI has finally closed below the 20MA hence we should take note of it.

It also coincides with our uptrend line and the horizontal support lines. With that we might be looking at further downside if those support breaks. The STI component stocks or blue chips would be the one leading the STI downwards so one can either short the STI or look for the component stocks to short.

We’re looking at the next support of around 3076 and will update further according to market condition. We’ll use poems CFD to short the straits time index.

Yours

Humbly

Kelwin&Roy