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Monday, April 15, 2019

SGX

Chart wise, looks rather bearish!

 Today we have noticed a wide bearish candlestick bar that is engulfing the past 3 trading days candlesticks looks rather negative . Bear is fully in control of this situation.


Today price slipped  9 cents to close at 7.30 level which is also coincide with the lower trend line, looks rather shaky and may likely continue to go lower.

Short term wise, it may likely go down to retest 7.21 level then 7.10 with extension to 6.84 level.

Not a call to buy or sell.

Pls dyodd.


Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.
With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.
As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.
Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.





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