Week Ahead 25 - 29 May 2026
PCE takes centre stage this week as markets forecast the Fed's interest rate trajectory.
Headlines:
US Earnings: CRM, DELL
SG Earnings: SATS, Seatrium
US: Final 1Q26 GDP, PCE Report, market holiday (Wed, Memorial Day)
China: Apr industrial profits, May PMI
Singapore: Ind Prod, market holiday (Wed, Hari Raya Haji)
S&P 500 (SPX):
Index retesting 7,455 resistance level again with FFI divergence continuing. Bullish but cautious and looking out for supply signal
Tactical Trade:
Neutral, looking out for long opportunities at 7,350 zone
Long Term Direction:
Upward trend
Directional Probability:
Bullish (Breakout 7,455 toward 7,900): 25%
Range (7,003–7,455): 55%
Bearish (Breakdown 7,003 toward 6,550): 20%
Hang Seng Index (HSI):
Index remains at gap support (25,600–25,800) for fifth consecutive week. FFI continues to weaken.
Tactical Trade:
Neutral.
Long Term Direction:
Upward trend
Directional Probability:
Bullish (Break 27,383, toward 29,618): 20%
Rangebound (25,146–27,383): 55%
Bearish (Break 25,146, toward 22,910): 25%
Straits Times Index (STI):
Index's multiple months of coiling below 5,041 key resistance suggests directional move approaching. Probability cautiously leaning towards upside breakout.
Tactical Trade:
Long bias on dip, avoid chasing till breakout is confirmed.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (Break 5,041, toward 5,385): 30%
Rangebound (4,697 – 5,041): 50%
Bearish (Break 4,697, toward 4,353): 20%
Disclaimers apply