"Technical recession looms" for Singapore. http://www.straitstimes.com/business/economy/technical-recession-looms-for-spore Is Singapore heading for full-blown recession in 2017? http://www.ibtimes.sg/singapore-heading-full-blown-recession-2017-4762 Two-thirds of Singapore's economy is already in technical recession. http://sbr.com.sg/economy/news/two-thirds-singapores-economy-already-in-technical-recession-analyst STI crosses 3000. caught many by surprises. This is what I said on October 2016, click here . http://mmltrader.blogspot.sg/2016/10/straits-time-index.html " When everybody is saying Singapore economy is no good, probably is time to take a look. Ascending Triangle Formation. " If you can make money just by following the news, Everyone will be a millionaire. Take some time and go to the library and read up on some finance books. Reading news are just for entertainment.