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Thursday, 8 November 2018

The True Picture of Singapore Stock Market, best reflection of Global Economic Health: 8 November 2018, Thursday, 11.22am Singapore Time


The True Picture of Singapore Stock Market, best reflection of Global Economic Health: 
8 November 2018, Thursday, 11.22am Singapore Time
(Click on Technical Chart above to Expand)

Today, I am going to point out certain facts (Universal Truths) about Singapore Stock Market:
1. The Singapore Stock Market is at the internal blue trend band support within the black super-cycle channel.
2. We have already back-tested the green classical support band twice in the past 10 years. This back-testing made up the 1st half of a SuperCycle Bull (2008-2018).
3. The next 2nd half of the SuperCycle Bull (2018-2028) will see Straits Times Index (STI) rally to 6000 points and beyond (Purple Trajectory). This means all the blue chips have +100% to +500% profit upside to go, mid caps have +500% to +1000% upside, and small caps have +1000% to +5000% upside, if we base on previous bull market cycles.

Reiterate:
Study my Technical Chart in detail for enlightenment: Fools are those in 2018 declaring for bear market, crisis or recessionary economy when we are in expansionary bull market of a lifetime -- with crazy upsides of once-in-a-lifetime as well.

Note:
The above represents Powerful Technicals of Straits Times Index from 1988 to 2018 (30 Years) with projection to 2028.

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