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...