ADX

Volatility has receded, but the STI could break below a support. Keppel Corp may continue to ease as momentum is weak

STI continues to be weighed down by property stocks, banks and REITs, and could test its March low.

Keppel Corp shows signs of bottoming with potential to breakout while CDL gets increasingly oversold on selling pressure.

Interest could shift to Hong Kong in the week of Oct 19-23 leaving the local market in the doldrums

Keppel Corp is forming a base formation with an increasing possibility of an upside breakout.

The STI is attempting to rebound and could do so despite US market volatility

STI steadies on Fed guidance, short term indicators oversold

SINGAPORE (July 9): Although the Straits Times Index ended the shortened trading week of July 6-9 unchanged at 2,652, indicators have strengthened. Despite this, the index may not make spectacular moves. ADX which points to market direction is at 14, whic

SINGAPORE (June 26): The Straits Times Index appears poised to move below the confluence of a support, and its 50-day moving average at 2,605. On June 19, there were hints of supply/ selling when the index closed below its open on a surge in volume. Durin

SINGAPORE (May 22): During the week, the Straits Times Index, which closed at 2,499 on May 22, fell below it’s declining 50-day moving average at 2,532. According to the general theory of moving averages, such a move is a bearish sign. Hence, the market