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Singapore The Straits Times Index

Started by setravis, September 09, 2010, 07:19:15 AM

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setravis

Singapore...

The Straits Times Index retraced to test the former resistance level at 3020 Tuesday. Respect would signal a primary up-trend, with a target of 3350*. Twiggs Momentum Oscillator (63-day) holding above zero strengthens the signal.

Target calculation: 3000 + ( 3000 - 2650 ) = 3350


"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore...
The Straits Times Index broke resistance, signaling a primary advance to 3350*. Rising Twiggs Momentum (63-day) indicates an up-trend.

Target calculation: 3000 + ( 3000 - 2650 ) = 3350


"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore...
The Straits Times Index is advancing towards its long-term target of 3350*. Expect retracement to test the new support level at 3000 in October. Twiggs Momentum (63-day) respecting the zero line signals an up-trend.

Target calculation: 3000 + ( 3000 - 2650 ) = 3350
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore...
The Straits Times index is consolidating below 3200. Reversal of 21-day Twiggs Momentum below its rising trendline warns of a correction, but a trough that respects the zero line would confirm a strong up-trend.

* Target calculation: 3000 + ( 3000 - 2650 ) = 3350



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore The Straits Times Index

Singapore...
The Straits Times Index continues to reflect weak Momentum after breaking the rising trendline. Twiggs Momentum (21-day) reversal below zero would warn of a primary trend reversal. Failure of support at 3120 would confirm.

* Target calculation: 3100 - ( 3300 - 3100 ) = 2900



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore The Straits Times Index...

Bearish divergence on Twiggs Momentum (and Twiggs Money Flow on $SGDOW) warns of a primary reversal on the Straits Times Index. Failure of support at 3120 would confirm.

* STI Target: 3100 - ( 3300 - 3100 ) = 2900



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore...

The Straits Times Index broke support at 3120 to confirm a primary down-trend. The original signal came from a bearish divergence on Twiggs Momentum.

* STI Target: 3100 - ( 3300 - 3100 ) = 2900



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore The Straits Times Index...
The Straits Times Index broke support at 3120, signaling a primary down-trend. An $SGDOW breakout below 250 would confirm the signal.


* STI Target: 3100 - ( 3300 - 3100 ) = 2900



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore The Straits Times Index...

The $SGDOW broke support at 250 to confirm the primary down-trend on the Straits Times Index. Declining Twiggs Money Flow (13-week) below zero indicates strong selling pressure.

* STI Target: 3100 - ( 3300 - 3100 ) = 2900



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore The Straits Times Index...
The Straits Times Index is retracing to test resistance at 3120. Respect would confirm the primary down-trend. A Twiggs Momentum peak below the zero line would further strengthen the signal.

* STI Target: 3100 - ( 3300 - 3100 ) = 2900

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Singapore...
The Straits Times Index also breached its trend channel, suggesting that the primary down-trend is losing momentum. Respect of resistance at 3100 (or Twiggs Momentum respect of the zero line), however, would warn of another test of primary support at 2920.

* STI Target: 2970 - ( 3120 - 2970 ) = 2820



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis