Multiple signals all aligned to much more downside in the Singapore STI...
1. A lower high. Watch for the lower low incoming!
2. Break out and then break back into the consolidation range. This is the second time, and expect an extrusion through the bottom of the range.
3. MACD lower high, and crossed down. Bearish oops, look from crossing down into bear territory soon.
4. VolDiv crossed down.
Targets drawn.
On the other hand, the SG10Y bond yield just broke out too. This represents a flight to safety already in the making.
Heads up!!!
1. A lower high. Watch for the lower low incoming!
2. Break out and then break back into the consolidation range. This is the second time, and expect an extrusion through the bottom of the range.
3. MACD lower high, and crossed down. Bearish oops, look from crossing down into bear territory soon.
4. VolDiv crossed down.
Targets drawn.
On the other hand, the SG10Y bond yield just broke out too. This represents a flight to safety already in the making.
Heads up!!!
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