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.

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Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Is the Rebound Coming? ]

29th June, 2018, 8:36 AM

Straits Times Index – [ Is the Rebound Coming? ]Straits Times Index 29th June 2018

Chart Source : Poemsview 29th June 2018

Straits Times Index has dropped about 10% from a high of  3641 to a low of 3237 a healthy correction in a bull market.

Our previous support didn’t hold at 3295 which then came down to a low of 3237. If this support doesn’t hold then 3199 could be on the cards.

We are now watching to see if this support holds before making any move. The immediate resistance might be 3267 breaking above that might see it test the near term resistance at 3295 . If market continues to rebound then we might see 3340 area.

We’re watching closely for a rebound and Banks like ocbc, dbs might be a sector that might lead the rebound.

Yours

Humbly

Kelwin&Roy

 

 

Straits Times Index – [ Rebound In Sight? ]

21st June, 2018, 8:43 AM

Straits Times Index – [ Rebound In Sight? ]Straits Times Index 21st June 2018

Chart Source : Poemsview 21st June 2018

Straits Times Index have fallen to our 3313 region which we previously mentioned and seems to be forming a base around that area.

If the support continues to hold we might see a rebound coming soon as trade war news might have overplayed for now and market might have absorbed some of the bad news.

We’re looking at 3340 as a resistance and a break above that might see us up towards 3378 area first. We’re looking at certain stocks to rebound too as we round up some of our shorts for now.

Want to be kept informed about the latest movement?

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Yours

Humbly

Kelwin&Roy

Trump-Kim Summit – [ Impact On STI]

11th June, 2018, 8:15 AM

Trum-Kim Summit – [ Impact On STI]

Photo Source: intellasia.net
Chart Source : Poemsview 11th June 2018

The highly anticipated Trump-Kim Summit is finally going to happen on the 12th June 2018.

A little like a korean drama where the summit was moving on as planned, got cancelled and finally it’s going to happen.

Both Donald Trump and Kim Jong-un are in Singapore along with thousands of journalist covering this historic event.

With regards to the impact on our local markets, this significant event might not have that much of  an impact on our markets. Most are expecting a successful summit between President Donald Trump and North Korean leader Kim Jong-un but wouldn’t expect a very detailed plan on the denuclearization on North Korea’s part.

Most would expect a positive spin on the summit which could lead to further discussions. What might be negative is that talks break down and nothing is achieved.

What might impact the market more would be the upcoming Fed meeting ending Wednesday which market are expecting Fed to increase rates.

Trade Wars headlines could continue to rattle the markets. With the trade war going on, this could continue to bring uncertainty to the markets.

World Cup is starting on 14th June at 10pm which also could have some impact on the markets.

Overall, given June is a quieter month given its the June holidays where most traders are away with their families, we could see STI having some swings as volatility continues to take center stage. With lighter volume this increases the chance of bigger swing.

We might See STI heading down to reach our lower support and only when it breaks out of the downtrend line then we might be more convinced of an uptrend.

Our STI support might be around 3397-3405.

Be a CLIENT To get the LATEST UPDATES and ANALYSIS from our Top Tier Remisiers Kelwin&Roy.

Yours

Humbly

Kelwin &Roy

Straits Times Index- [The Rebound Continues]

18th April, 2018, 10:59 PM

Straits Times Index- [The Rebound Continues]

Straits TImes Index 18 Apr 18

Chart Source: Poemsview 18th April 2018

Straits Times index was the best performing market in the Asia-Pacific region today with the index up by 1.7%, and breaking above the Downtrend line resistance which we were keenly watching for .

Since early April , Straits Times Index ( STI)  has moved according to our analysis which we blogged that April was historically a positive month and last week we alerted on our blog that we were closely watching out for the breakout of the downtrend resistance line in STI for more bullish signs.  Indeed STI broke and close above this downtrend resitance line today and has risen over 4% from our Early April blog on STI.

If STI can remain above this downtrend line resistance , the next possible upside resistance may be 3568 follow by 3609 which was the January high before the market correction .

We have shared many stock analysis with our clients to capitalized on this recent rebound . Would you like to be part of our Thriving Trading Community and be inform of the latest market movement and ideas via our Timely Whatsapp Analysis ??

Then Click HERE to open your trading account and be served by a team of Top Tier Remisiers.

We will also be sharing in our upcoming 24 April Seminar on how you can make use of the Complimentary SGX enhanced market depth which Poems is offering for FREE till 29 June 2018 and complement with our trading Strategies to spot the recent rebound in stocks and enhance your trading.

So Register HERE, Mark your Calendar and See you on 24th April !!.

Yours

Humbly

Kelwin&Roy

Phillip Securities Enhanced Market Depth- [Opportunity to enhance your trading]

16th April, 2018, 11:18 PM

Phillip Securities Enhanced Market Depth- [Opportunity to enhance your trading]

Phillip Securities Enhanced Market Depth

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Regards

Kelwin&Roy

Straits Times Index – [ Another Round Of Updates]

13th April, 2018, 11:39 PM

Straits Times Index – [ Another Round Of Updates]Straits Times Index 13th April 2018

Chart Source : Poemsview 13th April 2018

Straits Times Index was one of the most impressive performer in the  region for the week as it covered the gap which we were looking for.

Just two weeks back when April started we blogged   that we were cautious optimistic as April historically is an up month. Indeed for the last week the Straits Times Index has risen over 2% and coming close to our next resistance which is the downtrend line.

Can STI power through and breakout of that downtrend line next week?  Could STI consolidating a little bit before breaking out? We’re watching eagerly and would consider entry on dips in the coming weeks. Having caught the first round of rebound its time to look out for more opportunities.

If you missed the recent rebound and are unsure of what stocks to look at, perhaps just narrowing your scope to a few stocks or even our Straits Times Index might do the trick.

YES! You’re able to trade the Straits Times Index with ease using Poems CFDs if finding individual stocks might be tough for you.

We’re the only CFD provider that have the Straits Times Index available.

So mark your calendar as come 24th April  we’re be going through how to use Poems CFD to long or short the Straits Times Index and also reveal how we spot the recent rebound once again.

More details will be shared in the coming week so stay tune.

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 – [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

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