Week Ahead - 23 Feb 2026
S&P 500 (SPX):
Index remain range-bound beneath 7,002 resistance. Cautious and awaiting directional expansion.
Tactical Trade:
Tactical trades within 6,789–6,550 support. Monitor for directional move.
Long Term Direction:
Upward trend (Cautious)
Directional Probability:
Bullish (break above 7,002): 28%
Rangebound (6,550–7,002): 52%
Bearish (break below 6,550): 20%
Hang Seng Index (HSI):
Range bound expectation. Cautious and awaits for directional move.
Tactical Trade:
Close watch if 26,265 level holds for long trades. If fails, next support at 25,150
Long Term Direction:
Upward trend
Directional Probability:
Bullish (toward 28,500): 20%
Rangebound (26,265–27,383): 50%
Bearish (25,150-26,265): 30%
Straits Times Index (STI):
STI could trade above 5,021 All Time High. Cautious remains as FFI diverges. Upward trend support at 4,941 - 4,976.
Tactical Trade:
Long trades support near 4,941 - 4,976. Conservative position size.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (Break above 5,021): 25%
Rangebound (4,854 - 5,021): 50%
Bearish (Break below 4,854): 25%
Headlines Next Week:
US Corp Earnings: Nvidia, Berkshire Hathaway, Salesforce and Baidu
SG Corp Earnings: UOB, OCBC, SIA GentingSP, Sembcorp Ind, CityDev, ComfortDelgro, ST Eng, Seatrium, UOL, Venture, Wilmar
US: Trump State of Union, Fed speakers, US PPI, regional mfg surveys.
China: Markets reopen post-CNY, 1Y & 5Y LPR fixing
Singapore: Jan CPI & core CPI, Jan Ind Prod
Disclaimers Apply