Here is this week’s update.

Long Positions (Initiated)

Capitaland Ltd (SG)

Capitaland Ltd - Red Line Entry
Capitaland Ltd Daily Chart

Trade was entered at $3.59.

City Developments Ltd (SG)

City Developments Ltd - Red Line Entry
City Developments Ltd Daily Chart

Trade was entered at $9.98.

UOL Grp Ltd (SG)

UOL Grp Ltd - Red Line Entry
UOL Grp Ltd Daily Chart

Trade was entered at $7.53.

Long Positions (Initiated and Stopped Out)

Oversea Chinese Banking Corp (SG)

Oversea Chinese Banking Corp - Red Line Entry Blue Line Exit
Oversea Chinese Banking Corp Daily Chart

Trade was entered at $10.85 and exited at $10.72. Overall a losing trade.

S’pore Airlines Ltd (SG)

S'pore Airlines Ltd - Red Line Entry Blue Line Exit
S’pore Airlines Ltd Daily Chart

Trade was entered at $9.14 and exited at $9.08. Overall a losing trade.

Venture Corp Ltd (SG)

Venture Corp Ltd - Red Line Entry Blue Line Exit
Venture Corp Ltd Daily Chart

Trade was entered at $15.67 and exited at $15.82. Overall a profitable trade.

Although the STI has managed to break out this week, the momentum seems to be waning. Property sector is still holding quite well.

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