Dow Jones Short Term Price Action

Dow Jones - Risk remains on the downside. The index tested 26304 multiple times but failed to break above. The short term upside is capped by 26304 resistance and the downtrend line. Turn bullish only when price is able to hold above 26304 level. The index should retest the 25000 level again. A break below 25000 could bring the index to 24655 and 24243.

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STI and Singapore General Elections

Singaporeans will go to the polls on 10 July 2020. For those hoping to see an election rally, historically, elections have not been a major market driver.

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Dow Jones Futures - First Break Down in 1.5 Months

Dow Jones Futures breaks down from the uptrend channel for the first time in 1.5 months. Standby for more weakness ahead.

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Nasdaq 100 - Euphoric Level

Nasdaq 100 - Euphoric level, but historically trading at a 15% premium to its 200 days moving average marks a tactical peak and a correction towards the 200 day moving average.

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DBS - Hit First Resistance

All posts and charts are for educational and illustration purposes only