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 Elliott Wave Count & How High?

I've been reading a number of US TA Experts' analysis and Elliott Wave Count for DOW and S&P500 but cannot find any for Straits Times Index. Oops, I'm talking about free technical analysis lah!

So I shall attempt to do my own technical analysis based on the methods and views of these US TA experts for US Markets.

Here it goes:

Where are we now?
(see 3 Phases of Bear Market & STI Daily Charts)

Phase 2 of Bear Market, Wave C up.

1. Wave 1 up due to complete or completed. Next is wave 2 down.

2. Alternate wave count = Wave 3 up due to complete or completed. Next is wave 4 down.


How high can STI go?
(see STI Monthly Chart)


Estimate is 2666. Here is the maths:

1. 50% retracement =2677
2. 50 month moving average as strong resistance at 2680
3. May 2006 high as strong resistance at 2667
4. Downtrend line as strong resistance at 2670


If market sentiments continue to be bullish and heavenly factors support bullishness, then we should see the completion of 5 waves up. Otherwise, uptrend might just truncate. Oops, IF my wave count is right!

So be careful hor! Now the Fengshui Forecast and Financial Astrology Forecast for August 2009 dun seem to look positive liao!

Expect the Unexpected!

DOW and S&P 500 Elliott Wave Count & How High? Coming Soon!

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