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STI Analysis — the next peak and trough ? (55)
By ccloh Strategic Investor Zone  •  December 29, 2019
Continued from STI Analysis -- the next peak and trough ? (54)

As US markets creating the all time high but rest of the global markets were relatively remained directionless despite all the hope of a recovery in 2020 after both US & China agreed on a "Phase One" trade deal verbally and posed to sign next month.  However, the exact detail of the "Phase One" trade deal still remain unknown and that probably the reason for the directionless global markets.  STI will no exception still stuck in the 2 extreme scenario meaning either way could still happen going into 2020.

STI-2


Based on current event, this is the likely wave count for the STI-2 scenario in which STI is presently doing the SuperCycle wave 3, Cycle wave 3, Primary wave 1 and Intermediate wave 3 (S3C3P1I3).


The above is the Degree Calculator generated wave count for the STI-2 scenario.  The calculated Intermediate wave...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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