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...

Previously in this post, I mentioned that $FTSE Singapore Straits Time Index (.STI.SG)$ is at a crossroad.
Read here and here.
Today has closed below 3320 which confirms the short-term bearishness. A test towards 3320 as a resistance will likely confirm that more bearishness will set in with the price heading towards 3250.
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Possible hedging instruments:
Warrants:   $SIMSCI 280MBePW240930 (GIWW.SG)$
DLCs:   $STI 7xShortSG250529 (CZGW.SG)$

Earlier, I posted a video on $FTSE Singapore Straits Time Index (.STI.SG)$ at a crossroad (watch here STI at Crossroads: How to Trade with Strong Momentum & Historical Highs).
Update today with 2 charts.
Weekly chart: Price is near 3400 and a long-term trend line
Daily chart: Price action is showing bearishness near this resistance.
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A day close below 3320 is going to provide a more bearish...

$FTSE Singapore Straits Time Index (.STI.SG)$ 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: $SIMSCI 280MBePW240930 (GIWW.SG)$
DLC...

My interview on 联合早报 Lianhezaobao on 26 Feb 2024. Key levels to note for $FTSE Singapore Straits Time Index (.STI.SG)$
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Short-term trading instruments:
Bearish
$SIMSCI 250MBePW240930 (EVNW.SG)$
$STI 7xShortSG250529 (CZGW.SG)$
Bullish
$STI 5xLongSG250529 (CVEW.SG)$
$SIMSCI 295MBeCW240930 (MWDW.SG)$