FTSE ST Health Care Index:
5 February 2017, Sunday, 7.20pm Singapore Time
Attached above is the FTSE ST HealthCare Index: Sector rotation worldwide is coming back into play for healthcare stocks and medical stocks soon. This means Healthway Medical, Raffles Medical, AsiaMedic etc are all going to be rotated for rally now. In global financial markets, all healthcare stocks and medical stocks are also going to be rotated into play now. Watch out for these stocks as they are next to get into gear for big rally. In the FTSE ST Healthcare Index, there is also a bullish ascending triangle being rolled out. Expect orange classical resistance to break up with explosive high volume in 2017. This represents wealth that can be chalked up from this sector.
LONG TERM:
UPTREND
MID TERM:
CONSOLIDATION
SHORT TERM:
CORRECTION FINDING SUPPORT
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