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Right timing: Minor rebound could continue to build

Goola Warden
Goola Warden • 2 min read
Right timing: Minor rebound could continue to build
SINGAPORE (Sept 22): Here are some charts this week for our technical analysis.
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SINGAPORE (Sept 22): Here are some charts this week for our technical analysis.

Straits Times Index (daily)
A short term rebound is underway for the Straits Times Index (3,220), underpinned by the upturn in short term stochastics. This indicator has turned up smartly after wallowing around the bottom of its range for two weeks. ADX is rising, and the DIs remain negatively placed. These are positive signs.

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