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STI Analysis — the next peak and trough ? (56)
By ccloh Strategic Investor Zone  •  February 1, 2020
Continued from STI Analysis -- the next peak and trough ? (55)

STI-2
Don't think anybody will still believe this Elliott wave count is the correct one going forward now with the Wuhan Coronavirus (aka Novel Coronavirus) going on.  Technically speaking, this wave count is not yet broken as there isn't any rule violation.  Rule violation will occur when STI falls below the 2955.68 in October 2018.  Thus, still can't remove this scenario off the analysis.

STI-N
This STI-N scenario was first included in the analysis in STI Analysis -- the next peak and trough ? (46) in May 2019.  This wave count indicates STI after hitting the peak in 2015 after the 2008 GFC is in SuperCycle degree wave 2 correction phase.  Yes, SuperCycle degree wave 2 correction started in 2015 and now it is into its 5th year.  Possible ? Yes, SuperCycle degree has a time frame of multi-decades hence, for one...
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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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