Market Technician

  Week Ahead: 8 Dec 2025 US FOMC Meeting takes the spotlight for the week ahead. Short Term:  S&P 500 (SPX): The index climbed toward the upper boundary of its consolidation zone between 6,633 and 6,925, as expected from previous analysis. Price remains capped just below the key 6,925 resistance, while demand supply signals remain mixed.  A clean breakout above 6,925 would signal a bullish continuation, opening the next measured move target near 7,215, while rejection at resistance would keep the index trading within the established range.  Tactically, longs remain favoured on dips above 6,700 with stops below 6,660. Directional Probability (Beta, AI-Assisted): Bullish (break above 6,925): 32% Rangebound (6,633–6,925): 54% Bearish (break below 6,633): 14% Hang Seng Index (HSI): The HSI continues to trade within a wide multi-month consolidation band between 25,150 and 27,383. Overall structure remains directionless, with  FFI indicator continues to show unev...

  Week Ahead: 1 Dec 2025 Short Term:  S&P 500 (SPX): The index is trading back toward the top of its consolidation band between 6,633 and 6,925, showing improving momentum after defending the 6,633 support multiple times. Price is still below the key resistance at 6,925, so the near-term path is a retest of this upper boundary unless sellers emerge early. A breakout above 6,925 opens room toward 7,215, but failure at resistance would keep the index oscillating within the current range. Look for tactical longs above 6,700, targeting a retest of 6,925, with stops below 6,660.  Directional Probability (Beta, AI Assisted): Bullish (above 6,633): 28% Rangebound (6,925-6,633): 57% Bearish (below 6,925): 15% Hang Seng Index (HSI): HSI remains trapped in a broad consolidation zone between 25,150 and 27,383, with shorter-term fluctuations anchored around the mid-range level at 25,690. Recent price action shows reluctance to break either boundary, while the FFI indicator above...

  Week Ahead: 27 Oct 2025 Short Term:  S&P 500 (SPX): The S&P 500 remains in consolidation within 6,633 to 6,925. Near-term price action is likely to stay range-bound, with potential for the index to retest the upper end of the band.  A decisive move outside 6,633 or 6,925 would require meaningful macro catalyst accompanied by strong technical confirmation. Traders could selectively on open long trades near 6,63 zone, keeping stops tight. Directional Probability (Beta, AI Assisted): Bullish (above 6,633): 30% Rangebound (6,925-6,633): 55% Bearish (below 6,925): 15% Hang Seng Index (HSI): Similar to US markets, HIS remains in consolidation within a range. Near-term price action is likely to stay range-bound. A decisive move outside 27,383 or 25,150 would require meaningful macro catalyst and strong technical confirmation. Traders may selectively open long trades near 25,150 zone. Directional Probability (Beta, AI Assisted): Bullish (above 27,383): 25% Rangebound...

Week Ahead: 27 Oct 2025 Upcoming week highlights: Singapore bank results are expected to drive the direction of the STI, while investors at Tesla Inc. will vote on CEO Elon Musk’s US$1 trillion pay package. Short Term: S&P 500 (SPX): The S&P 500 maintains gradual upward path towards 6,970 as FFI remains positive. Alternative view, we see index fluctuating between 6,770 and 6,970. Traders could consider short-term positions around 6,770 technical support level. Directional Probability (Beta, AI Assisted): Bullish towards (6,970): 55% Rangebound (6,770 and 6,970): 30% Break below (6,550): 15% Hang Seng Index (HSI): The Hang Seng Index’s failure to close above the 26,000 level now risks a retest of the 25,145 base, with the FFI indicator remaining in negative territory. Unless the index regains and sustains levels above the 26,000 zone, bullish momentum is unlikely to re-emerge. Traders to consider new long positions if index retest 25,145 base or regain 26,000 level.   Dire...

  Week Ahead: 27 Oct 2025 Upcoming week highlights: U.S. Big Tech earnings, the FOMC meeting, and the Trump-Xi meeting will take centre stage, while investors closely monitor key economic data and progress on the U.S. government shutdown. Short Term:  S&P 500 (SPX): The S&P 500 is attempting to break out of a two-month range. A sustained move above 6,770 likely trigger momentum toward 6,970. Until confirmed, the index remains range-bound with firm support around 6,600.  Short-term traders consider partial long exposure above 6,770 with stop near 6,640. Hang Seng Index (HSI): The Hang Seng Index is attempting to base above 25,600 after a volatile October. A close above 26,200 would tilt momentum bullish toward 27,000 +, while failure to clear that zone keeps the index range-bound.  Base case remains neutral consolidation with cautious optimism for upside follow-through if FFI momentum and sentiment improve. Short-term traders stay neutral within range; initia...

  Gold Rally Cools After Hitting Key Resistance — What’s Next? After an extraordinary run since late August, gold prices have finally hit a pause . The metal surged over 25% in just two months, touching a high near USD 4,390 — a level that coincides with a key Fibonacci extension resistance . The recent pullback suggests that the rally may be entering a cooling or consolidation phase . Momentum Is Fading After a Parabolic Move Gold’s momentum indicators have started to flatten even as prices made new highs, forming a bearish divergence — a common signal that buying strength is losing steam. At the same time, volume spiked sharply during the final leg of the rally, indicating climax buying as traders rushed to chase the breakout. Historically, such parabolic surges tend to be followed by sideways consolidation or a healthy retracement , rather than an immediate continuation. Key Levels to Watch From a technical standpoint, gold is likely to find short-term support around USD ...