Straits Times Index Next Immediate Target is 3850 points and break-up of 4000 points:18 April 2018, Wednesday, 4.35pm Singapore Time

Straits Times Index Next Immediate Target is 3850 points and break-up of 4000 points: 

18 April 2018, Wednesday, 4.35pm Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the Technicals for Straits Times Index and the Singapore Stock Market. The black coloured large BULL pennant has been completed. A large bull pennant will yield a large BULL MARKET UPMOVE. The blue circled regions and purple circled regions are successful backtest confirmations for the bull market using fear to achieve bull confirmations. Straits Times Index has broken up critical bull pennant now. The STI has next immediate target of 3850 points now. It will proceed to challenge for historical highs never ever seen before and will eventually break up 4000 points as well, something preempted in 2016. More rallies coming.

Donovan Norfolk Ang