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The website uses the powerful charting software AmiBroker for chart plotting and analysis.
No Trading Monday
Today, Monday August 10 no trading today in Singapore, stocks market was closed. Singapore is celebrating SG50 and National Days.
Straits Times Index Analysis and Waves Theory
We had reviewed Singapore stock benchmark, Straits Times Index, STI. Now let see it from a different view.
STI has gapped down and closed at 3191 level. It is the low for 2015.
For those whom are the Elliot wave chartist may see these familiar. But may not agree with the chart below. See waves move along the channel for the impulse and the corrective.
August 6, 2015 Straits Times Index and Waves Theory
Another Scenario Straits Times Index Analysis and Fibonacci
Look at the Fibonacci level swing low to swing high from different low.
August 6, 2015 Straits Times Index
But remember, all setup can fail. So, watch your trade.
You can read about other Singapore Stocks daily and weekly and daily scan results in this website.
Thanks for visiting the website.
Moses
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