Straits Times Index

Straits Times Index – [ Where To Now??]

Kelwin & Roy Straits times index , , , , , , , , ,
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]

Kelwin & Roy STI, Straits times index , , , , , , , , ,
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

 

OCBC – [Caught The Top Performing Index Stock On Our CNY Shopping List! ]

Kelwin & Roy OCBC , , , , , , , , , ,
13th February, 2018, 9:38 PM

OCBC – [Caught The Top Performing Index Stock On Our CNY Shopping List! ]OCBC 13th Feb

Chart Source: Poemsview 13th Feb

OCBC had a nice rebound today emerging as the top performing index component stock up over 2% . Just see below. =)

Well,  it was on our TOP5 stocks shopping list catching the rebound at $12.25 and sending it to our exclusive clients over the weekend as we mentioned in our previous post. The recent pull back has presented a good opportunity to look for quality stocks which we mentioned previously too. Are you prepared? Have you gotten your shopping list ready?

OCBC having hit our first target of $12.61 had some retracement and closed below it. Its results will be out tomorrow before market opens. A positive results might see OCBC moving up to our next target of 12.80 and eventually back to $13.15.

A results below consensus could see it pullback to $11.80. We’re keeping our fingers crossed for a positive one.

Is Confusion and Fear Still overwhelming you?  Maybe we can help? Need a community that can help and encourage you?

Click HERE if you are serious about joining our exclusive community where we’ll reveal our TOP5 stocks that we’re looking at! One of which have already started running.

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 – [GoodBUY or GoodBYE! ]

Kelwin & Roy STI, Straits times index , , , , , , , , , ,
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?]

Kelwin & Roy STI, Straits times index , , , , , , , , ,
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??]

Kelwin & Roy STI, Straits times index , , , , , , , , , , , ,
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]

Kelwin & Roy STI, Straits times index , , , , , , , , , ,
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

OCBC – [At A Tipping Point? ]

Kelwin & Roy OCBC , , , , , , , , , , , ,
5th September, 2017, 12:23 AM

OCBC – [At A Tipping Point? ]ocbc

OCBC bank has an interesting set up.  It is part of the STI component and the banks caused a drag to the STI index today. Of course not forgetting the worry that comes from North Korea testing its nuclear capability.

OCBC bank had a nice uptrend since the start of the year.  It had a gap up just on last Thursday but got slammed down this morning and even crossed below its 50MA which hasn’t happen since April.

It is now currently supported by the horizontal support at 10.92. If it breaks below and stays below that we might see more downside. Our entry might be below 10.92 with a stop loss either at 11.04 or 11.15 which is the downtrend resistance.

We would be using Poems CFD to short and if you would like to find out more about CFD feel free to Contact Us and we’ll be glad to assist you in understanding CFD.

Yours

Humbly

Kelwin&Roy

 

Wilmar – Base Formed

Kelwin & Roy Wilmar , , , , , , , , , ,
2nd August, 2017, 2:25 PM

Wilmar – Base Formed wilmar

Wilmar in a range recently for the last month is seeing some upwards movement. A nice base at 3.27 has been formed so that will be our support for now. If it goes below 3.27 then it might start another wave of selling.

It is currently trading above 3.39 but it has to close above that if more upside were to come. Its results will be out on 10th Aug after market hours so do that note of that too. The next possible upside might be 3.48 first.

Wilmar has business in the palm oil sector, sugar and other agriculture business. It is part of the Straits Time Index component stock.

Yours

Humbly

Kelwin&Roy

 

STI- [ No Action Taken Yet]

Kelwin & Roy STI , , , , , , , , , ,
18th July, 2017, 12:09 AM

STI- [ No Action Taken Yet]sTI

Our Straits Times Index or STI had a huge run on Friday partly due to the huge gap up for GLP which enabled it to break through the consolidation it had  for the last 2 months. It broke the horizontal support and could now be aiming for 3300 then 3350.

Admittedly there was no chance for any shorts as STI just burst up but of course we managed to look for other counters to ride the upside.

STI didn’t follow our plan so we’re saved this round. Remember its always important to have a trade plan. We’ll share more this coming Wednesday on how important is it to have a proper road map and trade plan in order to trade well.

Click HERE to register for our upcoming workshop.

Yours

Humbly

Kelwin&Roy