Technical Monthly: Nov 2023 – Bullish year-end for most assets, Singapore & Hong Kong Equities hurt by the Grinch December 4, 2023 232

Summary of Asset Classes Performance in November & Outlook:

 

As we head into December, further downside is likely for Singapore Equities and the Hang Seng Index with weak price action expected to continue. For S&P 500, US Treasury Bonds, Bitcoin and Gold, we are likely to see their respective bulish trends continue. For Oil, it is likely to see price continuation its current range consolidation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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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