The Week Ahead April 2022 - [STI, HSI, NASDAQ & S&P]

Yield curve inversion causing some pullback in the markets but is this pullback good enough? Will recession be hitting soon? Read our view on S&P 500 and the Nasdaq to find out more.

STI

STI has hit our upside resistance of 3454 and started to pullback. A healthy pullback is good as most of our stocks have hit their targets and traders are starting to complain prices being expensive. A pullback to the 20ema is not too much to ask for as we start scanning for stocks to re-entry again! Want to know what stock we're looking at next?

Be our EXCLUSIVE CLIENT and be alerted earlier to not miss out!

HSI

HSI saw a rebound to our resistance and with a bullish candle on friday plus good news with China considering letting the US check their audits. China ADRs probably might have some upside. A larger pullback is more helpful as this brings more confidence to trade the HK market. But if HSI manage to break that 22339 resistance we might see it move up to 23647, not the best of situation but as traders, we have to learn to go with the flow.

For more analysis on the US market and where it might head to, you can click HERE

Have a good week ahead!

Yours

Humbly

Kelwin&Roy

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