Auguraltrader

SINGAPORE COVID-19 Wave 3 Projection Update III

COVID19:CONFIRMED_SG   COVID-19 CONFIRMED SINGAPORE
Last week, an update was made and projected that this Wave 3 was to be more significant and previous, as well as longer in duration.
The days passed with events that corroborated with the projection, and in fact, surpassed the projection.

The MACD histograms had crossed sooner than expected and the MACD lines show the momentum of the up trend. What this translating into is that this Wave is growing and becoming larger as the days go by. The previous projection was still underestimating the amplitude of the wave; which now looks larger and longer to contend with. By estimating the the momentum, together with virus infection dynamics and including measures imposed, it may be reasonable to expect at least 6-8 weeks before we see the plateau. This would bring us into July 2021.

Check in again next week... meanwhile, stay safe, seriously.

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