The US first presidential debate and concerns over Deutsche Bank’s financial has sparked volatility in most of the equity indices. Generally, indices ended up the week flat after some fluctuations.

This week market technical outlook

The US first presidential debate and concerns over Deutsche Bank’s financial has sparked volatility in most of the equity indices. Generally, indices ended up the week flat after some fluctuations.

S&P500 (SPX) - Could stay sideway until more companies announce their Q3 result toward the end of October.

Hang Seng (HSI) (Top pick) - Likely to have a bullish symmetrical triangle breakout

Strait Times (STI)- Could break above 2880 toward 2960

KLCI-KLCI could recover to 1675 but stay sideway within 1650 and 1675 as global sentiment has recover and last Friday’s bomb hoax was a non-event.