STI

Economic outlook could lead to Fed easing - THE EDGE SINGAPORE

Right Timing

Economic outlook could lead to Fed easing

If the Fed has tightened too much, it could ease in 4Q2023, which is good for markets

Right Timing

Straits Times Index’s level to watch is its four-times tested resistance

The breakout level for the STI (currently at 3,276) is at 3,306
Short-term indicators may exert downward pressure on Straits Times Index  - THE EDGE SINGAPORE

Right Timing

STI may experience short-term volatility

STI's short term indicators are at the higher end of their range and this may cause prices to ease mildly near term
Straits Times Index moves above key moving averages as yield on 10-year treasuries dips  - THE EDGE SINGAPORE

Right Timing

Straits Times Index moves above key moving averages as yield on 10-year treasuries dips

STI rebounds and moves above key moving averages as yields on 10-year treasuries continue to abate.
Straits Times Index rebounds sharply but temporarily as risk-free rates decline  - THE EDGE SINGAPORE

Right Timing

Straits Times Index rebounds sharply but temporarily as risk-free rates decline

STI rebounds sharply to above the 50-day MA as risk-free rates fall, but this trend may be temporary

Right Timing

STI’s indicators neutral to weak despite rebound as yield curve inverts

The STI's moving averages remain negatively placed, suggesting rebound is temporary; the yield curve has inverted.
Straits Times Index’s rebound is likely to be fleeting as further volatility lies ahead - THE EDGE SINGAPORE

Right Timing

Straits Times Index’s rebound is likely to be fleeting as further volatility lies ahead

The STI's rebound is temporary and may encounter resistance at 3,160, and below the 200-day MA at 3,225

Right Timing

STI breaks support, may stay volatile

Negative cross and double top indicate further weakness for STI
Chinese stocks boost Hang Seng Index as STI flounders  - THE EDGE SINGAPORE

Right Timing

Chinese stocks boost Hang Seng Index as STI flounders

The Hang Seng Index has gained strength against the STI as oversold Chinese tech stocks stage a rebound

Right Timing

STI’s downtrend to persist despite temporary bounce

The STI looks weak following its break below its 200-day moving average. The rebound of May 13 is likely to be temporary.
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