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STI Analysis — the next peak and trough ? (66)
By ccloh Strategic Investor Zone  •  April 25, 2020
Continued from STI Analysis -- the next peak and trough ? (65)

STI-N


Still unable to conclude whether STI is in the Primary wave 4 of the Cycle wave (C) of SuperCycle wave ((2)) (the blue label) or the Intermediate wave ((iv)) of Primary wave 3 of Cycle wave (C) of SuperCycle wave ((2)) (the red label).  However, based on the time frame and performance so far, within a week or 2 STI should be able to differentiate which case is it.
Red Case The Minor (c) is half way there.  For this case to be valid, STI must break below 2208.42.
Blue Case The Intermediate ((a)) of Primary wave 4 has completed at 2671.58 on 17th Apr 2020.  For this case, STI is in Intermdiate ((b)).  A zigzag pattern in the Minor degree could be developing soon.  For this case, STI unless doing a Expanded Flat pattern...
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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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