Parkway Life REIT (SGX: C2PU) Signs of Potential Accumulation Parkway Life REIT has exhibited notable price behavior in recent months, with emerging signs suggesting the development of a potential Wyckoff-style accumulation phase. The price structure and volume profile observed on the attached daily chart support this thesis, as the REIT approaches a pivotal technical juncture. In early 2025, Parkway Life REIT broke above the long-term 750-day moving average with increasing volume and relative strength versus the STI. A confirmed breakout above the SGD 4.30 level, preferably with a volume surge and relative strength continuation, would validate a Mark Up transition. 📌 Action Plan: Initiate with a modest position at current levels. Increase exposure upon confirmed breakout above resistance. Stop below S$3.75 Disclaimers apply.
Global Weekly Market Outlook — Week of 21 April 2025 Macro Pulse Policy remains the key driver of market direction. This week, focus shifts away from headline 1Q earnings numbers and toward forward guidance, tariff exposure, and supply chain commentary. The Trump administration announced docking fees on Chinese vessels and signaled the final phase of reciprocal tariffs. Meanwhile, the TikTok deal appears delayed. Markets are expected to trade tactically, with US policy and earnings tone setting the pace. Index Technical & Momentum Views S&P 500 (SPX) • Trend Signal: Downtrend intact • Setup: Price is testing the downward trendline — a potential inflection point • Base Case: Sideways consolidation between 4,800–5,600 • Action Plan: Monitor for breakout confirmation above trendline; current setup favors tactical range plays Chart Commentary S&P 500 (SPX): The S&P 500 Index is approaching its downward trend line, and we are closely monitoring price action a...