ETF Monthly January 2024 February 5, 2024 93

Summary of Asset Classes Performance in January & Outlook:

 

As we head into February, price consolidation is likely for most assets namely US Treasury Bonds, Bitcoin, Gold, Singapore Equities and the Hang Seng Index. For S&P 500, we are likely to see a pullback of the current strong bullish run while Oil is likely to extend its downtrend in February.

 

 

 

 

 

 

 

 

 

 

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About the author

Profile photo of Zane Aw

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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