Invest
STI Outlook – As of 3rd May 2020
By Loopholes Singapore  •  May 3, 2020
Its simple, its 50:50 right now and no one is right

The world is confused and sentiments are mixed at the moment. There might be a chance for new drugs to work for some people and also the peaking of cases in the world for important economies. On the other hand, some countries might have under report cases and death due to the lack of infrastructure and transparency. Rightfully speaking the long tern recovery is guaranteed but no one is going to invest thinking that far if they are at risk for lossing substantially in the near term. That is why going back to the basics is crucial and for my own investing planning, I am currently relying on technical analysis to help me decide on my next move. Dyodd.

STI – Updated Weekly Chart Last week’s candlestick closed above 9 Weeks MA

Looking at this superficially show

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By Loopholes Singapore
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