TECHNICALLY CONFIRMED! MORE DOWNSIDE FOR SINGAPORE STOCKS NEXT!
Dear readers, recently I have been providing clues to readers on the next stage of the Singapore stocks markets as shared in the following two posts:
1) 18 Nov 2018 post
2) 20 Nov 2018 post
with the southing of the STI yesterday, the 200-Days-Moving-Average of the STI ETF finally went below the 300-Days-Moving-Average, which effectively ends the uptrend of the 200-Days-Moving-Average over its 300-Days-Moving-Average since Nov 2016.
Hence, it is now technically confirmed that more downsides are in store for the Singapore stocks markets next. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
1) 18 Nov 2018 post
2) 20 Nov 2018 post
with the southing of the STI yesterday, the 200-Days-Moving-Average of the STI ETF finally went below the 300-Days-Moving-Average, which effectively ends the uptrend of the 200-Days-Moving-Average over its 300-Days-Moving-Average since Nov 2016.
Hence, it is now technically confirmed that more downsides are in store for the Singapore stocks markets next. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.