STI Singapore Market Still Look Bullish Skip to Content

STI Singapore Market Still Look Bullish

Part of my overall strategy in deciding the level of exposure in the market will have to deal with Market Psychology, Valuation and Technical.

Certain markers that I use to determine whether to add more or not will be the price vs the 50 day and 200 day moving averages and MACD reaction.

Weekly

This is a 5 year chart and investors in late 2008 will have been happy. We are at a stage where easy money probably have been made, and the PMO seems to be still humming along.

The EMAs are still spread out nicely on a long term charts. It takes a lot of price changes to result in the 20 day EMA or 50 day EMA to cut the 200 day and it is a delay signal.

Shall remain vested but vigilant

Daily

Very short term price looks very overextended and w are near november highs. Interesting times. We should see a short term pull back but I like the look on the PMO around 0 for short term. It shows plenty of opportunity to move up.

I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It  contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly  here.

$SPY Continuation and opportunity in Telefonica and France Telecom
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