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.
Thursday, 11 July 2019
Effective TA and Market Forecasting - STI Forecast
Straits Times Index Forecast
Yesterday we held the Effective Technical Analysis class at SGX Centre. We learned about the key concepts of technical analysis and how to properly analysis a chart for both short term traders and longer term investors.
Here's a chart of Straits Times Index which we analysed. we are expecting downward pressure in the next term and we expect STI to trade towards 1st support at 3,270.
Join Us in the next Effective Technical Analysis class to learn how to step by step analyse a price chart.