STI at Crossroads: How to Trade with Strong Momentum & Historical Highs
$FTSE Singapore Straits Time Index (.STI.SG)$ on the Edge: Bullish Momentum vs. Resistance (3400)
The Singapore STI is at a crossroads! The index is nearing resistance at 3400, but strong momentum is pushing it to 3-week highs. This video dives into the current situation. We'll also discuss how to hedge your long STI portfolio with DLCs and warrants.
Possible hedging instruments:
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MonkeyGee : I don't know about Singapore. They can't even move a 3 dollar stock (GRAB).