Week Ahead: 2 Mar 2026
S&P 500 (SPX):
Index continues to range-bound beneath 7,002 resistance level. Cautious and FFI remains weak
Tactical Trade:
Monitor for directional move. Key support at 6,550.
Long Term Direction:
Upward trend (Cautious)
Directional Probability:
Bullish (break above 7,002): 30%
Rangebound (6,550–7,002): 50%
Bearish (break below 6,550): 20%
Hang Seng Index (HSI):
Range bound expectations. Cautious and lookout for directional move. FFI continues to be negative.
Tactical Trade:
No changes, 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 still trades within a side way range. Cautious remains as FFI continues to diverge.
Tactical Trade:
Support near 4,941 - 4,976. Continues to trade with conservative position sizing.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (Break above 5,021): 20%
Rangebound (4,854 - 5,021): 50%
Bearish (Break below 4,854): 20%
OIl Price Target: US$84.00-85.00
Widely expected to rise on Monday amid Middle East situation. Technically, first target at US$84-85.00.
Headlines to Watch:
US Corp Earnings: Broadcom, Costco
SG Corp Earnings: Hong Kong Land
US: Reactions to Iran situation, ISM mfg & services, Retail sales, US Feb NFP, US Fed speakers
China: Two Sessions, Mfg/non-mfg PMI
Singapore: Feb PMI, Retail sales
Disclaimers apply