Nov 21, TA for STI and DJI

• Trend - Side to Upward (above 100D support and below 200D resistance)
• Momentum - Moderate downward
• Support -  11600
• Resistance - 12200
• Candle - Harami (bullish Reversal)
• Volume - 14D Average below 50D Average, Daily below 14D Average (indicate cautious volume)
• Pattern - 14D -> Downward Slope detected. 

• Trend - Side to Down ( trade below 20D and 50D MA) - (bearish)
• Momentum - near Oversold
• Support - 2687
• Resistance - 2900
• Candle - Gap Down with black Marubozu (bearish)
• Volume - slight volatility detected, 14D above 50D. Price down with increase momentum (bearish momentum persists.)

In general, STI is more bearish as compared to DJI index. STI had traded below the 2760 support or below the 50D MA with increased selling momentum (bearish momentum persist). Short term 21D downward slope formation. STI important index to watch 2680 ( a strong historical support), it will determine the next trade range.

Nov 18, TA for SIA

SIA has been in upward momentum for months. After the announcement of the drop in load factor, it started to break the new 14D support or trading out of the upward channel. Major Support for SIA is at 10.34.

Nov 14, TA for STI,

• Trend - Side
• Momentum - Moderate
• Support - 2757
• Resistance - 2900 or 100D MA 
• Candlestick - Doji
• Volume - 1.3x

Nov 14, TA for DJI,

Trend - Up (along and above 200D MA)
Momentum - Moderate
Support - 11600
Resistance - 12200
Candlestick - white marubozu
Pattern - Upward Slope
Volume - 0.8x

The green box represents the major indexes range trading boundary. So far, DJI and US Index are trading above the box range. The major indexes (Eg, FTSE, STI, Silver) are resisting along each resistance level. Again, HSI is the worst performing index and still near the support level of the range.