The Straits Times Index gained 6.45 points to 3,344.89.Asian stocks were mostly firmer after benign Chinese economic data helped offset risk aversion generated by a continuing slide in crude oil prices, while the dollar fell to a one-month low against the safe-haven yen. High of the day was 3346 and low was the 3325. Trading Signals
Open: 3334.06
High: 3346.60
Low: 3325.43
Close: 3341.07
Change(Points): -3.820
% Change: -0.11%
Volume: 1371.1M
Rise: 143
Fall: 209
Unch: 851
Market forecast for STI: Still oil is a big factor and the continued worrying issues in the global economy pulled the market down and we may expect the same situation.
Technical Indicators: RSI is at 54 and CCI is at 43.
Support 1: 3301
Support 2: 3280
Support 3: 3260
Resistance 1: 3350
Resistance 2: 3374
Resistance 3: 3404
Important Factor for today:-

• Energy stocks took a hit in Asian trade as oil prices fell towards six-year lows with warnings of further volatility ahead but some rare upbeat Chinese trade data helped Hong Kong and Shanghai into positive territory.
• Resale prices of non-landed properties in Singapore inched up 0.1 per cent in December compared to the previous month, largely because of a 0.5 per cent rise in prices for suburban units.
• Singapore’s non-oil domestic exports in December were expected to fall versus a year earlier, a Reuters poll found, after recent business surveys showed the global economy ended 2014 on weak footing.
• Oil prices slumped on Monday to nearly 6-year lows under US$48 (S$64) per barrel, hurting the energy sector, but euro zone stock markets pushed higher on stimulus hopes.
• A bond index created by the Singapore Exchange (SGX) and Reuters tracking Singapore-dollar denominated bonds continues to hit new highs, outperforming the Straits Times Index (STI) for the week ended Jan 9, 2015.
• Resale prices of non-landed properties in Singapore inched up 0.1 per cent in December compared to the previous month, largely because of a 0.5 per cent rise in prices for suburban units.