STI Hits 3-Year Peak! How High Can Singapore Stocks Go?
The Straits Times Index ( $富时新加坡海峡指数 (.STI.SG)$ ) 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)
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SGX Academy Trainer | International Speaker | Angel Investor | Automated System Developer | Made first pot Gold at 18
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