Stay Up to Date with Robin's Market Updates

By providing us your personal data (i.e. name, email address and phone number), you acknowledge and consent to our collection of your personal data for the purposes listed below: • Sending you marketing, advertising or promotional materials related to the content of this website, whether by call, text or email; • Provision of products & services which you have requested for. Please note that you are entitled to withdraw your consent for the collection of your personal data at any point in time by clicking on the "unsubscribe" link in the emails you receive. You may also contact us via robinhosa@phillip.com.sg

Monday, March 19, 2018

Straits Times Index - Watch For the Break From The Triangles!

Straits Times Index - February lows have provided the base for the multi weeks consolidation pattern. The contracting price swings off Feb lows formed the triangle consolidation. Triangle patterns form in trending phases and are seen as consolidation pattern. The high probability price target on the breakout on either side is 3566 and 3450. For now the upside is capped at 3546 if the market manage to rebound of 3500. This blog will be watching for the breaks very closely
All posts and charts are for educational and illustration purposes only

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.