Expecting a choppy year ahead as the second year of quantitative tightening begins. With M2 money supply shrinking and current VIX levels signaling a near term decline in the indexes, Q1 seems gloomy. Soft landing scenario and price targets are my expected year ahead but leave room for a harder landing. A potential white swan is an early end to Russian war which...
Still in downtrend for now, needs clear break to 409 area. Next test would be in the 420's
Bottom of current channel, decent risk reward for a former high flyer focused on the economic hub of Singapore.