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Learn Technical Analysis Course for Singapore Stock, Options, CFDs, Forex and Futures | TerraSeeds Market Technician Pte Ltd – Singapore

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Home arrow Useful Tools & Info arrow Charts And Analysis arrow Intraday Chart Analysis on Strait Times Index
Intraday Chart Analysis on Strait Times Index PDF Print E-mail
sti intraday
 

STI shows a potential reversal pattern – inverted head and shoulder.  However, resistance proves valid at the neckline and by intraday, the index is still resisted by it.

The 200 day moving average will also pose as a strong resistance should the neckline be broken.

 
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Disclaimer:
All of the information and analysis were and should be taken as having been prepared for the purpose of general circulation and education and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the information or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs. You should consult a qualified financial advisor for advice.
 
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