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Jay's expectations for Straits Times Index in 2018

Happy 2018 everyone! Year of 2017 turned out eventful for many as the Straits Times Index managed to end the year with a whopping 18.13% of gain. This gain was achieved when everyone was concerned on the newly minted President Trump’s policy changes to missiles and nuclear testing by the North Koreans.

Bearishness set to continue to end 2017

Merry Christmas and Happy New Year to everyone! Today’s weekly analysis will be the last of the year before we embark to tackle 2018’s market.

Bearishness set to continue to end 2017

Merry Christmas and Happy New Year to everyone! Today’s weekly analysis will be the last of the year before we embark to tackle 2018’s market.

Straits Times Index set for retracement actions

Straits Times Index had a volatile week last week as it attempted to break its resistance at 3450 level. In the early week, STI managed to maintain break this resistance level and maintained above 3450 level. This breakout proved to be unsustainable as sellers were seen repeatedly trying to push STI back below 3450 level after the breakout happened on Monday.