BROKERS expect the market to find support at the 9,000-level this week, but investors have expressed worry that short-term weakness on Wall Street will hold down the Hang Seng Index. 'The market momentum is slowing down, and it will continue [this] week,' said Philip Chan, research director of Standard Chartered Securities. The market was valued fairly and had little downside, he said. Foreign money would continue to come in, but not as quickly. 'Foreign funds will now take a 12-month view on the market and accumulate stocks when the prices are cheap,' Mr Chan said. Seapower Securities predicted the market would find strong support at 9,000 as it expected the United States Federal Reserve to reduce interest rates in the third and fourth quarters as a confidence booster before the next presidential election, research director Samuel Lau said. Eugene Law, research director of Standard Chartered Securities, said that futures-linked buying before the settlement day of May contracts could propel the index towards 9,500. He said the brokerage believed the market had already factored in most good news, including that interest rates had peaked. 'Once the liquidity-driven buying is over, and given the lack of local news, we expect a correction to set in,' he said. Seapower recommended exposure be reduced in the banking and utilities sectors because their fundamentals were largely reflected in prices. 'Property counters should be able to lead the next rally,' Mr Lau said. Standard Chartered was still positive on the market's long-term outlook but said short-term risk would keep it from climbing. 'There are a few dark clouds on the horizon, including possible further selling pressure on the US dollar and weak local retail consumption,' Mr Law said. Last week, after consolidating at 9,000, the market regained life, helped by foreign money. Investors ignored the US dollar as it fell again and the index lost 61.42 points on lower volume on Friday.