Week Ahead: Resilient Late-Cycle Momentum in the US Continues, While International Markets Outperform
Summarised Week Ahead: 19 Jan 2026
S&P 500 (SPX):
6,920 Needs to Hold to build bullish momentum, while watchful for supply
Tactical Trade:
Long trade on pullback preferred
Long Term Direction:
Upward trend
Directional Probability:
Bullish (break above 6,920): 45%
Rangebound (6,550–6,920): 40%
Bearish (break below 6,550): 15%
Hang Seng Index (HSI):
At key 27,000 - 27,838 resistance zone
Tactical Trade:
Long trade on pullback are preferred
Long Term Direction:
Upward trend
Directional Probability:
Bullish (toward 28,500): 40%
Rangebound (26,265–27,383): 45%
Bearish (25,150-26,265): 15%
Straits Times Index (STI):
Strong bullish extension, close watch on supply
Tactical Trade:
Long trades preferred
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (towards 4,924): 62%
Rangebound (4,692-4,808): 26%
Bearish (below 4,692): 12%
Headlines Next Week:
US Earnings: Netflix, J&J, Visa, Intel, P&G and NextEra Energy
US: Supreme Court IEEPA hearing, GDP 3Q25 final, PCE, PMI mfg & svcs
China: GDP 4Q25, LPR 1Y/5Y fixing, IP, retail sales
Singapore: Dec CPI
Disclaimers apply