Was in a number of private discussions over this week, and noted that there appears to be some dynamics in motion currently.
Quick note that the Singapore 6th COVID wave is pretty turned over, according to the data provided publicly. It was a smaller wave compared to previously, as expected.
However, the neighbouring Indonesia is currently in the midst of a wave and by similar projections (if relevant), the wave should peak out over the next two weeks ending November.
Just an observation to share...
PS. Apologies, I don't know why the chart looks so messy... it published differently, pre-cleaning up. Just look at the MACD curves and about 78% of the previous wave (MACD) as the target point for Indonesia wave to peak out.