I'm Brandon, a senior stockbroker at a local securities firm and also a professional trainer with Singapore Exchange (SGX) Academy. Holder of Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) with over 10 years experience in the financial industry.

This blog aims to share how private traders can forecast price and trade in line with the market and smart money by applying Wyckoff principles and simple technical analysis techniques.

Monday, 8 April 2019

STI at Crossroad - Key Resistance 3,350

  • US-China Trade Talk
  • 1Q19 Earnings Reporting Season
  • Oil Price (Brent) above US$70/bbl
  • US Non-farm Payroll Edged Up
  • Brexit Deal Delay
What will we be expecting from SG market with the macro developments? And our long-term cycle indicator is suggesting we are in still in a bullish environment. 

One thing for sure, we will be watching closely on the bullish/bearish character to determine if we are seeing a continuation or reversal at the critical 3,350 level.

We will update on this blog again once market has shown its character. And yes, you would have guess it, such characters is created by smart money.