Trust Bank Singapore, New Digital Bank Freebies!

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Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving
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Where is STI and Regional Indices Heading?

Daryl Guppy wrote his analysis on STI yesterday. Key points to note:


  1. A common chart pattern in STI and many Regional markets – failure of breakout from equilateral triangle (see diagram).

  2. Good news: reduction in bearish pressure – probability that market will hit the downside target from the equilateral triangle is reduced.

  3. Bad news: Trendline A now becomes support – this is bullish. But slope of line shows continued bearish pressure. STI can slide down the support line.

  4. Trendline A, when projected forward, intersects a horizontal support line at 1640 in late February - estimated support target and timeframe.

  5. If this support target breaks, then downside target of equilateral triangle remain valid.

  6. This period is dominated by short term rallies and rapid retreats. It remains a traders market.


Read STI in Consolidation – Breaking Up – for downside target of equilateral triangle.



Read My Crystal Ball – Stock Market Forecast 2009 – Yin Earth Ox, in particular Chart Patterns for 1Q2009, for my take on possible direction of STI going forward. Dun forget to lookout for my monthly and weekly forecasts, including daily articles for latest updates.



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