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

Rally into Mid December - SPX Pivot the Defining Line

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Provide Comprehensive Analysis & Commentary

SAV Markets

SAV Markets aims to provide comprehensive analysis & commentary on foreign exchange and asset markets. The approach is multi asset as markets are typically interlinked. Cause and effect are always at work, even if those effects take time to manifest. As nothing is permanent we strive to get ahead of the curve in an ever changing world.

Technical Analysis

<ul>
<li>Tonight's close on the S&amp;P 500 will be important and should be watched closely</li>
<li>We are in line for a weekly reversal at the highs - something that has not been seen in this whole bull trend from March 2020</li>
<li>Weekly negative divergence would suggest a prolonged consolidation or correction down towards year end</li>
</ul>


Tonight's close on the S&amp;P 500 will be important and should be watched closely
We are in line for a weekly reversal at the highs - something that has not been seen in this whole bull trend from March 2020
Weekly negative divergence would suggest a prolonged consolidation or correction down towards year end


Dow Jones Industrial Average (INDU INDEX)

S&P 500 INDEX

US Price Action Update