Quiet trading day tonight as markets close early

$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias as we expect price to continue pushing towards 6055 resistance level. A 4 hour candlestick closing above 6055 resistance would open push towards 6120 resistance level. Technical indicators are advocating for a bullish scenario as well.

$USD (USDindex.FX)$ (4 Hour Chart) -[BEARISH ↘ *]We turn bearish as price has pushed below 106.125 support-turn-resistance level. We expect price to push towards 105.463 support level. A 4 hour candlestick closing below 105.463 support would open drop towards 104.282 support level. Technical indicators are advocating for a bearish scenario.

$Gold Futures(FEB5) (GCmain.US)$ (4 Hour Chart) -[BULLISH↗ **]We continue to stay bullish as price is holding above 2650 support level. We expect price to push towards 2720 resistance level. A 4 hour candlestick closing above 2720 resistance would open next push towards 2800 resistance level. Technical indicators are advocating for a bullish scenario.

$Nikkei 225 (.N225.JP)$ (4 Hour Chart) -[BEARISH ↘ *]We turn bearish as price holds below 38760 resistance level. We expect price to push towards 37660 support level. Technical indicators are displaying a bearish scenario.

$HSI Futures(JAN5) (HSImain.HK)$ (4 Hour Chart) -[NEUTRAL]Price continues to fluctuate between 19720 resistance and 19340 support level. We continue to stay neutral as there is no good risk-reward ratio. A 4 hour candlestick closing above 19720 resistance level would open next push towards 19955 resistance level. Technical indicators continue to remain mixed.

$FTSE Singapore Straits Time Index (.STI.SG)$ (4 Hour Chart) -[BULLISH↗ *]We continue to maintain bullish as price continues to hold above 3670 support level. We expect price to continue pushing towards 3770 resistance level. A 4 hour candlestick closing above 3770 resistance would open next push towards 3850 resistance level. Technical indicators are mixed, with MACD advocating for a bullish scenario.

Asian markets open mixed this morning. $Nikkei 225 (.N225.JP)$ drifted lower by 0.65%, after Tokyo's core CPI data which came in higher than expected. Traders are currently pricing in a 60% chance of a quarter basis point rate cut by the BoJ. $HSI Futures(JAN5) (HSImain.HK)$ edged higher by 0.44% today morning. There is risk-on sentiment among traders for significant support stimulus measures from PBoC for this year. $CHINA RES LAND (01109.HK)$ , $LONGFOR GROUP (00960.HK)$ and $LI AUTO-W (02015.HK)$ climbed higher the most by 1.97%, 1.50% and 1.77% respectively. Traders should look out for manufacturing PMI released tomorrow. $FTSE Singapore Straits Time Index (.STI.SG)$ dipped by 0.42%, due to weakness observed from the real estate sector. Among the stocks, $Mapletree PanAsia Com Tr (N2IU.SG)$ pushed down the most by 1.61%.

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