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...

Stock Market Correction 10%-15% Coming!

An interview with Daryl Guppy published in The Edge Singapore November 9 Issue. Key points to note:

  1. Based on chart patterns, Gold could fall to test USD1,000, then USD960 or USD940. Breakout is unsustainable. Strength in gold is related to weakness in USD.

  2. China market corrected 20% before moving sideways, rest of North Asia and Singapore could follow. If the same behaviour repeats, there's shorting opportunity that last 6 to 10 days.

  3. South Korea's Kospi leads Hang Seng Index and Singapore index. Resistance at 1700, support at 1580/1600. Is retest of 1580 fails to hold, market will move back to 1450.

  4. Hang Seng Index: support at 21000. A fall below gives a target of 19000. HSI follows Kospi behaviour rather than Shanghai index, it is driven by western sentiment, not Chinese sentiment.

  5. Straits Times Index (STI): strong resistance at 2750, broad support at 2650. A fall below gives a target of 2400. If overshoot, downside target is 2200.

  6. Australia ASX 200: next level is 4400, then 4000.

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