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
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