CapitaLand Investment (9CI.SGX) on the Daily timeframe (Dec 2024 – Aug 2025, ~175 bars). Last traded price: 2.71 SGD.
1. Market Structure & Order Flow
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Macro Structure:
• Downtrend from Dec 2024 into Feb 2025, bottoming at 2.40–2.43 zone.
• Strong rally into Apr 2025, printing swing high 2.79.
• Correction and retest of 2.48–2.51 base, followed by a strong impulsive move into Aug 2025 high 2.87. -
Current Context:
• Market now consolidating below 2.87 high with a corrective leg down to 2.67.
• Current price 2.71 sits at prior structural pivot zone (2.69–2.75), making it a decision point. -
Trend Status: Still structurally bullish (higher highs/lows intact). However, momentum has decelerated since the Aug 2.87 peak.
2. Volume-Price Relationship
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Climactic Activity: High volume on Feb–Mar lows (2.40–2.43) marks institutional absorption.
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Breakout Validation: Volumes expanded on Apr–May rally, confirming smart money participation.
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Recent Decline: The sell-off from 2.87 → 2.67 showed increasing red bars on moderate volume, suggesting profit-taking, not panic distribution.
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Current Phase: Volume drying up near 2.70, typical of absorption before next move.
3. Institutional Footprint Recognition
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Liquidity Grab: April’s dip to 2.37 swept liquidity below prior Feb low, then reversed sharply – textbook spring (Wyckoff).
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Order Blocks: Strong demand zone remains 2.48–2.51 (institutional accumulation footprint).
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Fair Value Gap (FVG): Exists between 2.55–2.60, likely to be tested if weakness extends.
4. Bar Pattern Recognition
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Aug 2025 Selloff: Series of wide red bars closing near lows = distribution pressure.
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Recent Recovery Attempt: Last 3 candles showing small bodies, upper/lower shadows – indecision at support zone 2.67–2.72.
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No strong bullish reversal bar yet → market may consolidate longer.
5. Multi-Timeframe Confluence
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Weekly Chart (not shown) likely remains bullish structure (HH/HL intact).
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Daily: Compression near 2.70 → inflection zone.
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Intraday: Likely forming mini-range between 2.67–2.75 before directional resolution.
6. Psychological & Key Levels
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Supports: 2.67 → 2.60 → 2.51 (major demand).
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Resistances: 2.75 → 2.79 → 2.87 (major supply).
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Psychological: 2.50 (midpoint anchor), 3.00 (round psychological barrier overhead).
7. Market Regime
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Current regime = transition phase from trending to corrective consolidation.
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Evidence: Volatility expansion, mixed bars, overlapping price near structural level.
8. Risk-Adjusted Setup Zones
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Bullish Bias: If 2.67 holds, potential retest of 2.79–2.87 supply zone.
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Bearish Bias: If daily closes below 2.67, likely test of 2.60 → 2.51 demand cluster.
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Risk-to-Reward:
• Longs near 2.67–2.70, stop below 2.60, target 2.79–2.87 → ~1:2.5 R/R.
• Shorts only valid below 2.67 breakdown with target 2.51 → ~1:2 R/R.
9. High-Conviction Observations
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Market still in bullish structure but showing loss of upside momentum post-2.87 peak.
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Absorption at 2.67–2.70 indicates institutions defending structure.
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Key decision zone: 2.67–2.75 → breakout direction will guide next leg.
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Strong demand base remains intact at 2.48–2.51.
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Volume signatures suggest correction phase, not full distribution.
Trade Summary
Positioning bias: Buying CapitaLand Investment (9CI.SGX) because 2.67 demand zone is holding as structural higher low with stops at 2.60, targeting 2.87 retest for ~1:2.5 R/R.
Confidence Rating: 7/10.
Key Levels to Watch:
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Support: 2.67 / 2.60 / 2.51
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Resistance: 2.75 / 2.79 / 2.87
Execution Checklist:
☑ Confirm bullish reversal bar at 2.67–2.70 zone
☑ Watch for breakout volume above 2.75
☑ Keep stops disciplined below 2.60
☑ Scale profits at 2.79 and trail towards 2.87
Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.
Dividend: 4.43%
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