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EWS

Singapore STI ETF (EWS) WipeoutOne week to wipeout the last five and a half weeks, at leasst 70% of the rally gains. What does that tell you? Very strong and surprising large bear. So the EWS (Singapore Straits Times Index ETF) is telling us so... MACD has a lower high, obviously weak, and now a cross down. The Rate of VolDiv custom indicator is pointing to continued lower inflows since April (despite a strong rally) and was earlier warning of an unsustainable rally. The week's breakdown also broke the modified SuperTrend trailing stop (support) line. What does this mean? A break back into the Decision Boxm, and a breakdown through to the lower side all the way to the mid-2024 lows. BUT in order for this to happen, it probably needs the new year rally to make a weak attempt to get a lower high then the breakdowns come in waves in 2025. Heads up... herein have been warned.
AMEX:EWSShort
by Auguraltrader
Singapore STI ETF (EWS) - Royal Flush Part VEWS really going to do it this time it seems... close below the support line. This is premature on the weekly chart, but heads up, two things to happen... First, a close below the support means a breakdown underway, especially if it is accompanied with a lower low. Second, there needs to be a late week rebound strong enough to get it back above support line. Then there is half a chance for a reversal. MACD appears not as bearish really. VolDiv is somewhat bullish to be honest. I'd watch this closely...
AMEX:EWS
by Auguraltrader
SINGAPORE STI ETF (EWS) - Royal Flush part IIIJust to highlight the Singapore going into technical recession]news first... that a technical recession is in the horizon, closer than we even realize. Otherwise, the EWS SG Singapore ETF, is technically challenged, with imminent downside. 1. Lower high made, and a possible imminent lower low to come in the next weeks. Breakdown below the red line is a lower low; 2. Downside target 1 hit. One more much further; 3. Last week's candlestick has momentum for more downside; 4. MACD crossed down and below zeroline; and 5. VolDiv continues to deteriorate... All these points to breaking a lower low, and thereafter more downside to the lower target
AMEX:EWS
by Auguraltrader
SINGAPORE STI ETF (EWS) - Royal FlushMultiple signals all aligned to much more downside in the Singapore STI... 1. A lower high. Watch for the lower low incoming! 2. Break out and then break back into the consolidation range. This is the second time, and expect an extrusion through the bottom of the range. 3. MACD lower high, and crossed down. Bearish oops, look from crossing down into bear territory soon. 4. VolDiv crossed down. Targets drawn. On the other hand, the SG10Y bond yield just broke out too. This represents a flight to safety already in the making. Heads up!!!
AMEX:EWSShort
by Auguraltrader
Portfolio Selected Visuals (PSV) vol IThis is a list of my personal portfolio selected ETFs with the simplest visuals, using MACD as the only technical indicator and the trend lines with breaks or breakdowns to give us a new series of PSV charts. ;-) Note that these are using Weekly charts, and a break out is qualified when there is a trendline break out accompanied by a MACD crossover (within a week or two). From left to right... GDX (Gold Miners ETF) qualified a break out on 31 Oct, after a higher low, but sees to have met resistance (red ellipse) ILF (LatAm ETF) is still within a trapped range. XLK (Technology ETF) qualified a break out on 14 Nov, after a higher low, but seems to have met resistance (red ellipse) soon after. GXC (China ETF) qualified a break out on 28 Nov, after a higher low. Appears to have another break out above a resistance line. XLE (Energy ETF) qualified a break out on 17 Oct, after a higher low, but seems to have broke down of support/resistance (red ellipse). INDY (India ETF) qualified a break out on 31 Oct, after a higher low, but seems to have met resistance (red ellipse). XME (Metal Mining ETF) qualified a break out on 24 Oct, after a higher low, but seems to have met resistance (red ellipse). EWS (Singapore ETF) qualified a break out on 14 Nov, without a higher low, and further qualified a better stronger break out pattern on 28 Nov. From this set of visuals, GXC and EWS are the front runners. GDX appears a close third.
AMEX:GXCLong
by Auguraltrader
Singapore STI ETF (EWS) signals a rough 2022The Singapore bourse STI ETF, EWS, has a very ominous outlook for the next couple of months into the end of 2022. Hyperinflation could be the current trending killer, but seems like more is likely to add on. Not sure what shoe will drop, but the charts tell it as it is... April and May ended badly entering into a range that saw May break down of that range briefly. The monthly technicals are showing a lot of underlying weakness, and the first downside target is shown. The lower range band must hold, and is quite likely to be tested and should hold (at least seen at this point). Otherwise, a low more downside will ensue... Heads up for the next half of 2022 Singapore!
AMEX:EWS
by Auguraltrader
STI (EWS) in Primary Downtrend (TD Sequential)The Singapore Straits Times Index (STI) is in a primary Downtrend. This is observed and concluded from the TD Sequential analysis. Referring to the monthly chart for the STI ETF (EWS)... The EWS in recent months had broken down hard, and bracked below the TDST support line within the downward TD Sequential. Now, typically, this series is called the Buy Setup, as it "times" the downtrend for a reversal. The reversal came in a short month (9th candle), and the following month (August) closed with a candlestick bearish in close, and also bearish in pattern where there is a long top tail that is at least twice the length of the body. Monthly technical indicators are bearish too, although not extremely. The next couple of months should see the EWS, and STI move lower. A very critical support is about 16.5-16.6, where the lows of the GFC and the Pandemic routs align a supporting trendline. BEARISH Wave!
AMEX:EWSShort
by Auguraltrader
1
Warning that STI is about to turn!Any day now, by the end of the week, the Singapore Straits Times Index (STI) is ready to turn. Yesterday’s candlestick pattern looks bad, and note the red dotted line . This level was required to be exceeded IF it is to resume bullish trend, and clearly it missed by a big margin despite a spectacular run up. 2750 is the immediate support and breaking down means there is a closure of a previous gap, which is bearish. Thereafter, the orange ellipse area is the next battle. Meanwhile, there is likely to have some volatility up and down, so be cautious until breakdown. Heads up!
TVC:STI
by Auguraltrader