Increased Volatility tonight with CPI and Interest Rates decision!

US Equities (4 Hour Chart) -[BULLISH ↗ **]We maintain our bullish directional bias as $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ continues to push higher. As long as price holds above 5366.00 support, a further push higher towards 5442.75 resistance is expected. Technical indicators are also advocating for a bullish scenario for now.

US Dollar (4 Hour Chart) -[BULLISH ↗ *] $USD (USDindex.FX)$ has been drifting higher. We turn bullish for now as long as price is holding above 105.100 support. A further push higher towards 105.650 resistance is expected. Technical indicators are advocating for a bullish scenario for now. MACD, however, is showing a slowdown in bullish momentum.

GoldFutures(4 Hour Chart) -[BULLISH ↗ **] $Gold Futures(DEC4) (GCmain.US)$ prices continue to hold above support at 2315.00. We expect price to do a pause above this level before shaping a push higher towards 2350.00 resistance. Technical indicators are mixed for now, while price is holding below 21 period EMA, MACD is showing a build up in bullish momentum.

NIKKEI225 Futures (4 Hour Chart) -[BEARISH ↘ *]We turn bearish on $Nikkei 225 (.N225.JP)$ for now as the market drifted lower. As long as market holds below 39000 resistance, a further drop towards 38500 support is expected. Technical indicators are mixed for now.

HSIFutures(4 Hour Chart) -[BEARISH ↘ **] $HSI Futures(NOV4) (HSImain.HK)$ broke below previous support. We turn bearish for now as long as the market holds below 18200 resistance, a short term drop towards 17500 support is expected. Technical indicators are advocating for a bearish scenario as well.

SG Equities (4 Hour Chart) -[BEARISH ↘ **] $FTSE Singapore Straits Time Index (.STI.SG)$ pulled back lower. We stay bearish as long as market is holding below 3335.00 resistance, expecting price to drop towards 3280.00 support. Technical indicators are starting to turn bearish as well. Market is holding below 34 period EMA and MACD is starting to cross below the 0 level.

US markets took a more risk-on sentiment overnight as the tech sector once again did not disappoint and lifted the stock markets along with it. AAPL surged higher yesterday by +7.0% as investors took into account CEO Tim Cook's statements about Apple integrating AI into its products going forward. At the same time, the benchmark US 10-year Note auction saw a strong demand, bringing yields down a notch showing investors' confidence in the longer term outlook of the US economy. Stock index futures $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ and $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ closed +0.27% and +0.73% higher. Investors will be a bit more cautious today going into today's trading session as CPI data and the US Fed interest rate decision will be out tonight.Asian markets, however, opened more cautiously this morning. Preferring to take a more forward looking approach instead of riding on the bullish sentiment from the US markets. $HSI Futures(NOV4) (HSImain.HK)$ saw a further decline by-1.55% this morning as sectors across the board saw further weakness. However, the financial and banking sector saw the biggest declines today due to profit taking ahead of key economic announcements tonight. Additionally, Chinese regulators are reported to ban the sale of sophisticated financial products to the public. The $Nikkei 225 (.N225.JP)$ dropped by -0.81% as well as a better than expected PPI cause the JPY to strengthen. Finally, the $FTSE Singapore Straits Time Index (.STI.SG)$ also drifted lower by -0.15% as manufacturing and consumer discretionary sectors slowed down.

For full disclaimers, please visithttps://www.moomoo.com/sg/support/topic5_935.