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

SPX Flat Range Push and Risk Break Points

U.S. Equity Strategy: Cautious Overall; Favor Large-Caps & Growth; Key Supports Holding In The U.S.

U.S. Equity Strategy: SPX 4400 Target In Sight

U.S. Equity Strategy: Downgrading Consumer Staples To Underweight; Watching 10-Year Yield Closely

Technical Analysis

Short term price action on both the <a href="https://www.smartkarma.com/entities/s-p-500" target="_blank" data-smartkarma-citation="entities:22886:1" rel="noopener">S&amp;P 500 (SPX INDEX)</a> and <a href="https://www.smartkarma.com/entities/dow-jones-industrial-average" target="_blank" data-smartkarma-citation="entities:22887:1" rel="noopener">Dow Jones Industrial Average (INDU INDEX)</a> warn of a pullback this week.The S&amp;P 500 has completed ‘triple negative divergence’ which says the uptrend has run out of steam. Overnight the Dow Jones Industrial Average posted a bearish daily reversal – the last time that happened it fell more than 900 pointsWhile that may be ‘unfriendly’ in the near term if it repeats, such a development would likely lead to buying opportunities. Price action and levels are highlighted below…

Short term price action on both the S&amp;P 500 (SPX INDEX) and Dow Jones Industrial Average (INDU INDEX) warn of a pullback this week.The S&amp;P 500 has completed ‘triple negative divergence’ which says the uptrend has run out of steam. Overnight the Dow Jones Industrial Average posted a bearish daily reversal – the last time that happened it fell more than 900 pointsWhile that may be ‘unfriendly’ in the near term if it repeats, such a development would likely lead to buying opportunities. Price action and levels are highlighted below…

Dow Jones Industrial Average (INDU INDEX)

US Equities: Another Quick Pullback Before Higher?

S&P 500 INDEX

US Equities: Another Quick Pullback Before Higher?