This week market technical outlook
• Global markets generally had a small relief rally after FOMC kept Fed rate unchanged. However, the rally had faded toward the end of last week
• Speeches from centre bankers, first US presidential debate and OPEC meeting could be the drivers for global markets this week.
S&P500 (SPX) - Neutral for now but watch out for potential Lower Highs formation
Hang Seng (HSI) - May consolidate in between 23550 and 24000
Strait Times (STI) - Likely to consolidate further within 2800-2880
KLCI - Likely to stay sideway within 1650 and 1675