Market Outlook

Yesterday night the US markets all shot up after the release of last month Fed meeting minutes. Market participant interpreted the minutes as likely the Fed will hike its interest rate in December.

Currently the S&P 500 looks bullish. It is well supported and went up again yesterday.

2015Nov-S&P 500-800x600

Likewise for Germany DAX, it is well supported.

2015Nov-DAX (Deutscher Aktienindex)-800x600

For STI, it looks weak and still in a downtrend. Hopefully, the rally in S&P 500 will pull it up.

2015Nov-Straits Times-800x600