SINGAPORE (Jan 12): Here are some charts for our technical analysis this week.
Straits Times Index (3,520, daily)
The Straits Times Index’s rally appears to have stalled. This should be temporary as short and medium term indicators are intact. Stochastics is still rising although it is at the top end of its range. The 21-day RSI eased but its trend is still up. The DIs are positively placed and ADX is rising. Quarterly momentum remains intact.
