Traded Value
Total Assets$STI ETF(ES3.SG)showed an early breakout attempt but faced selling pressure near key resistance leading to a late session pullback and loss of momentum
Short term neutral to slightly bearish due to resistance rejection, while medium term structure remains stable as long as key support holds
Key Level:
-Hold above $4.97 stabilization may support another rebound attempt
-Break above $5.03 confirms bullish continuation and strength above 5.00
-Fall below $4.95 downside pressure may increase toward deeper consolidation
Catalysts are driven by the US Fed rate outlook and bond yield direction, alongside Singapore bank earnings momentum with REIT recovery signals, institutional fund flows and broader regional sentiment shaping the next move
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
