Friday, April 20, 2018

Apr[7] - Market Updates

US:   
S&P 500 has been moving within a triangle zone as below. Last two trading days saw it retreating from upper falling ceiling. Support could be ~ 2570. Shall it be broken, more downside could be seen. The index usually indicate broader market performance due to its market value weighted nature (DOW Jones is price-weighted).

https://www.investopedia.com/ask/answers/difference-between-dow-jones-industrial-average-and-sp-500/

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA)

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