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Expect continued volatility for STI

Goola Warden
Goola Warden • 2 min read
Expect continued volatility for STI
SINGAPORE (Feb 7): The confluence of the 50-and 200-day moving averages at 3,220 is providing resistance for any rebound. On Feb 6, the Straits Times Index rebounded to 3,231 before falling below 3,220.
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SINGAPORE (Feb 7): The confluence of the 50-and 200-day moving averages at 3,220 is providing resistance for any rebound. On Feb 6, the Straits Times Index rebounded to 3,231 before falling below 3,220.

Chart 1: STI with moving averages and momentum

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Ascendas REIT (AREIT)
Straits Times Index (STI)
Right timing

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