28 March 2025 – Going Strong
The STI continued its steep rise. Although it closed today about 9 points lower, the intraday range today had a higher high and a higher low compared to yesterday. So it is still in the uptrend. I put in …
21 March 2025 – Recovery
The STI rapidly recovered on Monday and has formed a sharp uptrend. It took a breather today. Next week it is likely to go sideways or downwards, forming Subwave 2 (red). There is still …
14 March 2025 – Frantic Reversal
Major Wave 5 (blue) has been frantically completed, with its subwaves (in red) greatly compressed. This allows the STI to quickly reverse downwards. In all my years of doing Elliott Wave Analysis …
7 March 2025 – Sideways
Trump’s tariffs and actions are causing market stresses and uncertainties. The STI is therefore drifting along with Subwave 2 (brown) continuing sideways. Hopefully some confidence will set in …