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Week Ahead: Singapore bank Results Expected to Drive Straits Times Index Direction





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.
 
Directional Probability (Beta, AI Assisted):
Break above (27,380): 40%
Rangebound (25,145 - 27,380): 35%
Break below (25,145): 25%
 
Straits Times Index (STI): The STI is consolidating below resistance, monitoring significant demand and supply signs. A breakout above 4,474 would signal renewed upside, while failure to hold 4,390 could trigger short-term profit taking.
Traders could consider long positions near 4,420 zone with stop below 4,390 level.

Directional Probability (Beta, AI Assisted):
Break above (4,474): 45%
Rangebound (4,270-4,474): 40%
Break below (4,270): 15%

Long Term:
S&P 500 (SPX) Upward Trend
Hang Seng Index (HSI) Upward Trend
Straits Times Index (STI) Uptrend Trend
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Headlines Next Week:
US Corp Earnings: Palantir, AMD, Berkshire Hathaway, McDonald’s, Qualcomm, and ConocoPhillips
SG Corp Earnings: DBS, UOB, OCBC, SIA Eng
US: ISM mfg & services PMI, ADP jobs data, Fed speakers
China: Mfg & services PMI, 8th CIIE Shanghai expo
Singapore: Oct PMI, Sep retail sales

Disclaimers apply

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