Straits Times Index – [ Upside Coming? Levels We’re Looking At]
Chart Source: Poemsview 13th oct 2019
Straits Times Index have been resisted by the downtrend line which we drew recently. Some key points we are looking at.
- STI breaking above the downtrend line
- STI breaking above the 20ema
- Good trade talks results which might help fuel the break up
With those points we’re hoping for a positive run up to the next resistance to the 50ema. The ride might not be a smooth one up as who knows what Donald Trump might tweet next.
Want to know more on you can be trading the Straits Times Index? We hope that our trading blog has given some insights into the market.
Just drop us a message and we’ll be glad to guide you through it.
Yours
Humbly
Kelwin&Roy
