Singapore:
STI
saw bearish candles in 4 consecutive weeks since last September. Trend
finally reversed with a bullish closing on first week of October.
Immediate support ~ 3195. It needs to exceed 3280 to break up from the
recent side way channel. On coming weeks, market shall focus on earning
performance among listed companies. It could decide direction of STI
barring any unforeseen circumstances.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
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