Here comes the ride we have been waiting for
I suppose many of us have been wondering if the uptrend has truly ended and if we can start seeing greater discounts in the market. As we continue to see community cases in Singapore, there is always a real risk for a sudden surge in unlink cases forcing the government to force another round of circuit breaker. On the other hand, there is also another possibility of a sudden recovery in the coming days or weeks such that there is an early lifting of the current restrictions. As investors, we do not guess, we take the market as it is and do what we can with what we have. In this post, let’s take a look at the charts so that we can plan ahead for whatever the outcome is in the market.
STI – Updated Daily Chart
The daily chart continues to show market weakness simply because there is no real good news to boost the...