SGX Singapore Stocks & Forex Live Picks
Singapore Stock Market Forecast For Next Week 18-22 March
Your Advisor
Publish date: Fri, 15 Mar 2013, 09:09 PM
Your Advisor
0 10,452
Blog for SGX Singapore Stock & Forex Recommendations gives you Live Stock Picks, we provide all SGX Stock Picks, Singapore Share Prices, Forex Trading Recommendation along with STI Quotes. Get Live SGX Singapore Picks.
Market Forecast for week ahead:
- If we see past few years chart then we find that from Nov 2010 to March 2013 STI crossed its 3300 mark thrice and every time it faced resistance near the 3320 mark.
- STI formed a candlestick pattern called "Black Spinning Top" is a single candlestick pattern. Its shape is a small black body with upper and lower shadows having a greater length than the body's length. If a Black Spinning Top is observed after a long rally or long white candlestick, this implies weakness among the bulls and it is a warning about a potential change or interruption in trend. This is applicable in case of STI.
- For coming week STI looks neutral, whenever STI breached either side above 3320 and below 3220 the movement we will see the same.
STI Resistance:
- STI having Resistance @ 3320 and above this level it may take resistance from 3335-3350 levels.
STI Support:
- STI having nearest support @ 3265 below this 3240-3220 will be the support area for market.
Technical Indicators:
Technical indicators are giving missed impression.MACD seems to give bearish crossover.RSI trading above its centreline @ 67.66 and CCI near to its bullish zone @ 83.940
| Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
| 3265 | 3240 | 3220 | 3320 | 3335 | 3350 |
More articles on SGX Singapore Stocks & Forex Live Picks
There's No Recession, but a Market Correction Could Cause One
Created by Your Advisor | May 10, 2017
TECH TARGETS: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
Created by Your Advisor | Mar 23, 2017
M Asia Trade Tech Targets: EUR/USD, AUD/USD, NZD/USD, USD/JPY - UOB
Created by Your Advisor | Mar 22, 2017
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
THE SINGAPOREAN INVESTOR
Investing in Singapore's Hospitality Scene: A Look at the 5 Listed REITs
2
RHB Investment Research Reports
Food Empire - Expanding Ingredients Capability in Vietnam; BUY
3
reitsnewsletter
4
SGX Market Updates
5
RHB Investment Research Reports
ST Engineering - Rolling Forward Our Valuation; Reiterate BUY
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
