Yesterday, the US Federal Reserve hold off from increasing the interest rate and signaled an increase in interest rate is still possible in December 2015.
Many are confuse with the Fed mixed signal. Thus I decided to do a market outlook here according to chart analysis.
After going up for 3 weeks, the global market need to take a rest.
STI had hit the resistant line and came down for the last 3 days.
US S&P 500 and Germany DAX will hit the resistant line soon.
I expect the global market to experience a selling wave soon.
This Saturday, I am having a Unit Trust Investing seminar where I will teach how you can use my Unit Trust Investing system to extract profit regularly from the global market to double your idle CPF and cash once every 3 years in a safe and steady manner.
I will also highlight which Unit Trust fund to look out for to catch the next rebound in the global market to maximize your return.