Technical Analysis
STI Analysis — the next peak and trough ? (101)
By ccloh Strategic Investor Zone  •  January 22, 2022
Continued from STI Analysis -- the next peak and trough ? (100) STI Overall STI has been biasing toward the upside since the turn of the year and even displayed resilience despite US markets corrected with Nasdaq already into correction territory.  This of course prompted analysts all moving toward the optimistic with even claim of possible STI at 4,000, a level finally broke the high in 2007 prior to the 2008 GFC.  However, looking at the overall picture in particular the higher degrees (SuperCycle and Cycle degrees) of Elliott Wave analysis, nothing has changed, nothing has confirmed of the bullishness and the most important, the 3 negative scenarios still very much valid. Magenta -- STI Positive In this scenario, it was previously stated a possible "leading diagonal" in the Primary wave 1.  As of now, STI is in the Minor wave (iii) of the Intermediate wave...
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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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