$FTSE ST All-Share Real Estate Investment Trusts Index(FSTAS351020.IN) is currently trading within a range between 625 and 660. At the same time, the REIT index is forming an Invested Head and Shoulder with 200D SMA as neckline resistance.
![]()
Look out for breakout catalysts:
(1) Huge improvement in DPU payout in the next quarter earning release.
(2) An Interest Rate Cut by US Fed
(3) Plunge in US 10 Years Risk Free Rate
$CSOP iEdge SREIT ETF S$(SRT.SI) $CSOP iEdge SREIT ETF US$(SRU.SI) $LION-PHILLIP S-REIT(CLR.SI)
For Trading - No Trend (Hold)
For Long Term Investing - Accumulate in Stages
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments