A good jump in the Trade Confidence Index as it’s the highest in two years at 115 i.e. 10 points. Announced by the HSBC. KLCI took the up move for this week after the two continuous down trend for two weeks.

1. Global Research Limited
SINGAPORE
E X C H A N G E
Technical Report on STITechnical Report on STITechnical Report on STITechnical Report on STI
W E E K LY
www.capitalvia.com.sg
24th to 28th March 2014

2. Global Research Limited
www.capitalvia.com.sg
Straits TimeStraits Times Technical Report on STITechnical Report on STITechnical Report on STITechnical Report on STI
W E E K LY
Figure: 1, Period: Weekly
Straits Times Weekly Wrap
Resistance 3Resistance 3
Support 2Support 2
Support 3Support 3
Resistance 1Resistance 1
Resistance 2Resistance 2
3145
3000
2955
3130
3170
3210
Support 1Support 1 3071.87
3101.86
3053.59
3073.39
OpenOpen
HighHigh
LowLow
CloseClose
0.33Change (In Points)Change (In Points)
0.010% Change% Change

3. Global Research Limited
www.capitalvia.com.sg
Technical Report on STITechnical Report on STITechnical Report on STITechnical Report on STI
W E E K LY
This was the week in which only green candle was formed by STI as there was not a major change in the
trading range of STI it opened at 3071 and made a high of 3101 where gave the closing at the same level as
itwasforthelastweekcandle@3073.
Long Legged Doji was formed by this week candle. As it has long upper & lower shadow with Doji as the
shortertradingrangeinthemiddle
WEEKLY WRAP OF STI
TECHNICAL INDICATORS
Market Forecast for week ahead:
Straits TimeStraits Times
Macroeconomic factors:
AgoodjumpintheTradeConfidenceIndexasit'sthehighestintwoyearsat115i.e.10points.Announced
bytheHSBC
Home price inflation in China slowed in Feb also as it's the continuous second month where average for
new home price rose 8.7% for the 70 major cities in China. If calculated for MOM basis price rose 0.3% for
Feb.
Statement issued by the Finance Ministry of Singapore on Tuesday said (SMEs) small medium enterprises
will receive almost Q3 of sum disbursed, which calculated over 74000 employers will be receiving around
S$800Millionbywagecreditscheme,payoutsbyMarch31.
SGXisabouttorevisethefeestructurewhichwillbeapplicablefrom2ndMay2014astomakethetrading
morecosteffectivetheclearingfeewouldbereducedbyonefifthfrom0.04%to0.325%ofcontractvalue.
Economistsforecasted3.8%ofGrowthlowerthanexpectedas3.9%
As the performance of the STI was in a very range bound for this week and closing for the week was as the
sameforthelastweek.STIformedtheLongLeggedDojicandleforthisweek.
Studding Bollinger bands chart pattern it's very clear that the market is in a very range bound conditions
asitsnotabletomaintainitselfabove3100andclosedat3073.
Technically STI can fall for multiple support and it would be possible by the global economic factor &
marketsentimenttosustainabovethemarkof3100.
MACD is moving below the base and performing flat where RSI is at 44.51 CCI is also going down and
is @ -52

4. Global Research Limited
www.capitalvia.com.sg
KURLA LAMPUR
MALAYSIA
Technical Report on STITechnical Report on STITechnical Report on STITechnical Report on STI
W E E K LY
Figure: 1, Period: Weekly
Straits Times Weekly Wrap
Resistance 3Resistance 3
Support 2Support 2
Support 3Support 3
Resistance 1Resistance 1
Resistance 2Resistance 2
1805
1795
1780
1835
1850
1870
Support 1Support 1 1806.15
1821.88
1802.88
1820.48
OpenOpen
HighHigh
LowLow
CloseClose
15.36Change (In Points)Change (In Points)
0.850% Change% Change

5. Global Research Limited
www.capitalvia.com.sg
Technical Report on STITechnical Report on STITechnical Report on STITechnical Report on STI
W E E K LY
KLCIclosedPositivethisweekasitmakesthegreencandleforthisweekaftertheredweeklycandle.
Bullish Engulfing Pattern formed in this week, as Green candle formed for this week was followed by the
red candle of the last week where the open & close for this week was formed in the range of the last week
candle.
WEEKLY WRAP OF STI
TECHNICAL INDICATORS
Market Forecast for week ahead:
Straits TimeStraits Times
KLCItooktheupmoveforthisweekafterthetwocontinuousdowntrendfortwoweeks
The50daysEMA'istradingat1778where20daysEMAisat1814.
ForthecomingweektheKLCIcantakeaupsidemovementbutontheenvelopechannelindicatoritseems
consolidateintherangeof1790to1835
The RSI is moving exactly above the base line at 53.92 else CCI is performing at -21
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.
The information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not
vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for
any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the
recommendations above. The stock price projections shown are not necessarily indicative of future price performance. The
information herein, together with all estimates and forecasts, can change without notice. We does not purport to be an
invitation or anoffer to buy or sell any financial instrument.Any surfing and reading of the information is the acceptance of this
disclaimer.All Rights Reserved.
Disclaimer