Thoughts on Week Ahead:
Week 11 Dec 2023
Our perspective on the market remains similar with last week's analysis. The S&P500 index is expected to move towards the 4,650 range.
However, on Singapore Market, STI is challenging its key trendline, a breakout could set the index higher towards first resistance at 3,180-3,200 zone.
China markets continue to trend lower searching for support.
We continue to identify tactical trading opportunities in the US market, while exercising selectivity in to the Singapore and Hong Kong markets.
Headlines for Week Ahead:
- US FOMC
- Global PMI
Disclaimers apply.