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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STI in Consolidation – Breaking Up?

Daryl Guppy wrote about consolidation patterns on CNBC website yesterday, using Singapore's Straits Times Index (STI) as example to explain. A summary of key points below:


Many of the major Asian Regional Indices are in consolidation as reflected in the developing chart patterns.

STI is also in consolidation mode. STI Chart Pattern shows a symmetrical triangle which indicates market indecision (see diagram).


1. The rising trendline, from near 1,450 with a series of rising lows, shows that buyers are more aggressively moving into the market. Buyers wait for falling prices and when the bargain price is irresistible, they re-enter the market. Buyers are becoming more optimistic.

2. The downtrend line shows stockholders who have a different opinion. As prices rise, stockholders sell into the market, worried that prices might continue to weaken.

3. The market can develop an explosive breakout in either direction. This breakout is usually in response to a significant news event. Its a 50% chance of breaking upwards or downwards.

4. Upside target is near 2,300.

5. Downside target is near 1,250.

6. The GMMA display shows downtrend pressure is very strong. It's going to take more than a short term boost of Christmas cheer to sustain an uptrend.

7. Breakout likely to occur just after December 25.


What present will Santa Claus deliver for Christmas?


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