Charts not looking good at the moment but it will pass Yet another week of ups and downs. Singapore’s community cases(including unlinked cases) are worrying because this increase in numbers is built on top of the sub 80% of the population which had been vaccinated. Thankfully, the MTF is keeping its stance and will not change the restrictions imposed otherwise we are going to see another round of sell down as the level of hope for a recovery soon will be crushed. In today’s market outlook, we will see that STI charts are on the verge of a further downtrend so we should look at the chart in the coming week more closely for confirmation. That said, the long-term outlook is still bright for Singapore. STI – Updated Daily Chart STI has not performed well in the past week probably because of the fear generated from the increase in daily infections....