STI is overbought, but Hang Seng Index breaks out as yield curve normalises

The Straits Times Index rose by 62 points week-on-week to end at 3,624 on Sept 20. All in, the index is up 426 points since the low of 3,198 on Aug 6. Since the smoothed short-term RSI is above 80, the STI is overbought, and is likely to co
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