2019.06.14 - STI Updates & Charts

Straitstimes.com - "... The Straits Times Index (STI) closed at 3,222.63, up 1.97 points or 0.06 per cent yesterday. For the week, it advanced 56.34 points or 1.8 per cent from the previous Friday's close of 3,166.29. Investors remained concerned over the uncertainty of US-China trade relations, the Hong Kong protests and attacks on two tankers in the Gulf of Oman".

"Sentiment in the Singapore market was generally risk-off yesterday. Investors took to profit-taking on property-related counters that have rallied, but dips in stocks with heavier exposures to Hong Kong left the blue-chip index nearly unchanged".

"... Property counters and real estate investment trusts were mostly up this week on expectations of a rate cut by the US Federal Reserve. Reits, investors' main picks recently due to dovish Fed rate-hike expectations, saw profit-taking yesterday..."

Source : https://www.straitstimes.com/business/companies-markets/sti-ends-flat-as-traders-stay-on-sidelines?utm_source=emarsys&utm_medium=email&utm_campaign=ST_Newsletter_AM&utm_term=STI+ends+flat+as+traders+stay+on+sidelines&utm_content=15%2F06%2F2019

2019.06.14-STI Market Breath.
BTW, STI at value zone.

2019.06.14-Indices in order of performance

STI Monthly, Weekly and Daily Chart

STI Daily Chart : STI was in its 2nd week of rebound as it rallied move above its 20ma, 200ma and 50%  Fibo retracement 2 days (Thursday) this week.

STI Weekly Chart : STI rebounded off its 200ma (last week) and then move passed its 50ma this week.

STI rebounded from pitchfork channel support on past Friday, 16.06.2019.

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