ETF Monthly: Dec 23 – Divergence and slow start expected in the new year January 2, 2024 259

Summary of Asset Classes Performance in December & Outlook:

 

As we head into January, some price consolidation is likely for most assets namely US Treasury Bonds, Bitcoin, Singapore Equities and Hang Seng Index. For S&P 500 and Gold, we are likely to see their respective bullish trends continue to create new highs. Meanwhile, the current bearish trend for Oil is likely to continue in the new year.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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About the author

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Zane Aw
Technical Analyst
PSR

I analyze the stock market and conduct technical analysis to provide investment recommendations. I look forward to having a conversation with you in our in-house seminars and presentations to identify good risk-reward trading strategies together. I graduated from Nanyang Technological University with a Bachelor of Accountancy (Honours).

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