Binni Ong wrote a post · Jun 3, 2024 17:42

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:

Warrants: $SIMSCI 280MBePW240930 (GIWW.SG)$

DLCs: $STI 7xShortSG250529 (CZGW.SG)$

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