Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Shyam Devani provides key market commentary encompassing analysis of Foreign Exchange, Fixed Income, Commodities, and Equities globally – both in G10 and Local Markets. He takes a multi asset class approach incorporating fundamental, behavioural, and historical trends as well as technical signals.

Shyam has delivered strategic market insights to a number of trading desks and institutional clients internationally (funds/corporates/banks) through written publications, presentations, face to face meetings and conferences. He has had numerous appearances on CNBC, Bloomberg, and Singapore Radio providing his short and medium term views on markets while being the front office media commentator during his time at Citi.

He has been commentating on financial markets since 2004. Since 2006, he was running one of Citi’s top market products, CitiFXTechnicals, initially in London followed by Singapore where he took a lead role in enhancing the coverage of markets in Asia.

Founder & Chief Market Strategist - SAV Markets

Gravity Works As WeWork Doesn't; Now Plan B

Technical Analysis

Following the note sent yesterday titled <a href="https://www.smartkarma.com/insights/spx-one-year-later-what-next" target="_blank" data-smartkarma-citation="insights:49528" rel="noopener">SPX: One Year Later...What Next?</a> highlighting the weakness in momentum on major US indices (S&amp;P 500, Dow Jones Industrial Average, and Russell 2000), here we find the same bearish signs on the Topix Index.Unless we are to bounce back fairly aggressively by the end of this week, we will be completing triple negative divergence on the weekly chart – an important warning sign that there is trouble ahead.

Following the note sent yesterday titled SPX: One Year Later...What Next? highlighting the weakness in momentum on major US indices (S&amp;P 500, Dow Jones Industrial Average, and Russell 2000), here we find the same bearish signs on the Topix Index.Unless we are to bounce back fairly aggressively by the end of this week, we will be completing triple negative divergence on the weekly chart – an important warning sign that there is trouble ahead.

Nikkei 225

Japan Is Not Immune