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STI Analysis — the next peak and trough ? (59)
By ccloh Strategic Investor Zone  •  February 15, 2020
Continued from STI Analysis -- the next peak and trough ? (58)

STI-2
Awaiting for rule violation to invalidate.

STI-N
The bigger picture has not changed for this scenario.  STI is now in the Cycle wave (Y) of the SuperCycle wave ((2)).  However, based on the past 2 weeks performance, the lower degree perhaps need some adjustment.


The above chart has a slight different from the previous analysis.  Previous analysis labeled the performance since after the CNY break as Minute wave count instead of Minor degree.  However, the wave c if it is a Minute wave count has not occurred and based on the time frame it is unlikely that is considered as Minute degree.  Thus, the chart has adjusted it to Minor degree.  STI is now doing the Minor wave (b) of the Intermediate wave ((c)) of the Primary wave C of Cycle wave (Y).

The above is the close up on the wave count...
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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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