STI ETF - Global Market Under Attack By The South Africa Virus Variant

No need for me to say further, you heard the news, Global market under attack by the new deadly South Africa COVID-19 Virus Variant Attack.

Technical traders live a hectic life as news can suddenly drag the stock market down.  Price of a falling knife create fear.

Maybe, next week market rebound after learning that it is not that deadly after all....lol...

Joke aside, technically the STI ETF sit at the support of 3.20, if it breaks, the next support is at 3.10.  

Unless you are shorting, you may have to stay on the sidelines for a month or two before we can see a clearer sign which direction the market is going.  For now, the BIG RED bar says that it is going down and it may be the start of a new downtrend.

SYDNEY/TOKYO : Asian stocks suffered their sharpest drop in three months on Friday and oil prices tumbled after the detection of a possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar. [MKTS/GLOB]

Little is known of the variant, detected in South Africa, Botswana and Hong Kong, though scientists said it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	2.59%	SGD 0.083	SGD0.005	2021-08-11	2021-08-25	Rate: SGD 0.005 Per Security
			SGD0.005	2021-08-11	2021-08-25	Rate: SGD 0.005 Per Security
			SGD0.033	2021-08-11	2021-08-25	Rate: SGD 0.033 Per Security
			SGD0.005	2021-02-09	2021-02-24	Rate: SGD 0.005 Per Security
			SGD0.028	2021-02-09	2021-02-24	Rate: SGD 0.028 Per Security
			SGD0.007	2021-02-09	2021-02-24	Rate: SGD 0.007 Per Security
2020	3.59%	SGD 0.115	SGD0.017	2020-08-11	2020-08-25	Rate: SGD 0.017 Per Security
			SGD0.04	2020-08-11	2020-08-25	Rate: SGD 0.04 Per Security
			SGD0.002	2020-08-11	2020-08-25	Rate: SGD 0.002 Per Security
			SGD0.004	2020-02-10	2020-02-24	Rate: SGD 0.004 Per Security
			SGD0.052	2020-02-10	2020-02-24	Rate: SGD 0.052 Per Security
2019	3.74%	SGD 0.12	SGD0.009	2019-08-05	2019-08-21	Rate: SGD 0.009 Per Security
			SGD0.055	2019-08-05	2019-08-21	Rate: SGD 0.055 Per Security
			SGD0.056	2019-02-04	2019-02-21	Rate: SGD 0.056 Per Security