SG Index View

FTSE ST RE Index Chart
FTSE ST RE Index

Comments: RE Index entering demand area. Need further observation. On a bigger scale, it looks like double top, if breakdown, may reach next demand level as shown in the lower level blue box. This level may be can consider to start accumulating good REITS, with low debt, and with stable and sustainable dividend.

STI
STI

Comments: STI entering demand area. The price drop with decreasing volume. Watch for potential reversal signal. At this level, may be can start to accumulating small amount of STI ETF.

FTSE ST O&G Index
FTSE ST O&G Index

Comments: WTI had broken below 30. Downside is maybe at around 26. The impact is reflected on O&G index. However, one can observe that every drop in price, volume is decreasing. Watch for potential reversal. May be can consider O&G related stocks with good fundamental and manageable debt.

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