STI Hits 3-Year Peak! How High Can Singapore Stocks Go?
The Straits Times Index ( $FTSE Singapore Straits Time Index (.STI.SG)$ ) recently reached a 3-year peak, signaling a period of strong market performance for Singapore stocks. This rise has been fueled by positive investor sentiment, driven by resilience in key sectors such as financials, REITs, and consumer services.
However, technically, the price is also approaching resistance levels seen over the past 10 years.The big question now is: how much higher can Singapore stocks go?In this video, I discuss key levels, how to hedge your portfolio if the resistance holds, and if it breaks, how far the STI could climb.
Hedging and short-term trading instruments (DLCs)
Follow me to gain more insights! ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
SGX Academy Trainer | International Speaker | Angel Investor | Automated System Developer | Made first pot Gold at 18
1046Followers
2Following
2258Visitors
Follow