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Monday, 11 July 2016
Straits Times Index: 11 July 2016, Monday, 11.08am Singapore Time
Singapore Straits Times Index:
11 July 2016, Monday, 11.08am Singapore Time
Attached above is the technicals for Singapore Straits Times Index, one of the best indicators for the health of worldwide financial markets.
Big Hands and Smart Monies are big longs in financial markets worldwide.
Straits Times Index is showing re-accumulation and bullish consolidation that is reaching an end of the consolidation. It is expected to break up.
A rising tide lifts all boats, and almost all stocks are expected to rally (except problematic boats/companies that have holes). Buying of blue chips and quality mid caps present best yet safe opportunities now. It will be commodity-stocks led rally worldwide. Bull market is expected 2nd half of 2016 and in 2017 when most are expecting a stock market crash.
DNA Technical Rating of Stock markets and Financial Markets Worldwide:
Expected to rally for the rest of 2016 and 2017. All markets worldwide to rally. Resumption of big bull market.