31 August 2023

Uptrend?

As tomorrow is a holiday, I am writing this blog today. The STI continued with its uptrend this past week. It lacked strength and could still be a bear market rally. However I have labelled an optimistic wave count, with three minor subwaves formed.  Next week there should follow Minor Subwave iv going sideways and Minor Subwave v rising, This should complete Subwave 1. Let us see.

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