S&P 100 Index (SP100)

[AlphaFund]

Market expectation for Sept 27 2023:
FLAT, no further drop unless rate hike is well above current expectation

During the previous day, the market was driven down by the additional rate hike expectation and higher house price in July (from S&P's report), other than that there is fundamental change in the market mood. I do not see any chance for further meaningful drop if the rate hike is well anticipated and accepted by the market already.