Traded Value$STI ETF(ES3.SG)STI strong uptrend earlier and is now consolidating near the 5.00 level, reflecting a healthy pause after the recent rally 🚀
Buying momentum remains intact, with pullbacks being supported. Price is holding near highs indicating accumulation rather than distribution as the market digests gains.
Key Levels: Support 4.95 ~ 4.93 Resistance 5.00 ~ 5.02
Holding near the highs suggests a continuation bias. As long as price stays above 4.95, further upside toward 5.02–5.05 remains likely supported by strong bank earnings, stable dividends and continued investor inflows into Singapore blue chips.
Strategy : Look to buy on pullbacks or trade the breakout above 5.00 avoiding entries in the mid range
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