Week Ahead: Markets Hesitant To Move Higher

 





Week Ahead 22 - 26 Jun 2026

Headlines:
US: MU Earnings, US-Iran Negotiations, PCE Report, Fed stress tests & officials speaking
China: LPR fixings, May ind profits
Singapore: May CPI, May ind production
 

S&P 500 (SPX):
Price consolidating within the 7,333–7,620 range, FFI is mixed. Without major flows, We expect index to continue within 7,333–7,620 range.
 
Tactical Trade:
Long entry near 7,333 support zone with a stop below 7,260. Target first resistance at 7,500.
 
Long-Term Direction:
Uptrend (Leaning towards Neutral)
 
Directional Probability:
Bullish (Breakout 7,620 towards 7,900): 10%
Range (7,333–7,620): 65%
Bearish (Breakdown 7,333 towards 7,060): 25%


Hang Seng Index (HSI):
Index continued lower within its downward channel. FFI remains negative, but minor divergence observed. Thus, there is expectations of index trading lower, but 22,900 has good potential of support.
 
Tactical Trade:
Bearish. Watch for 22,910 support zone.
 
Long Term Direction:
Neutral
 
Directional Probability:
Bullish (Break 27,383, toward 29,618): 5%
Rangebound (25,146–27,383): 30%
Bearish (toward 22,910): 65%


Straits Times Index (STI):
STI surged to new All Time High (ATH) of 5,226, with FFI back positive but divergence observed.
 
Tactical Trade:
Long Trades. Consider into dips near 5,050–5,150 zone. Target 5,385.
 
Long Term Direction:
Upward Trend
 
Directional Probability:
Bullish (Toward 5,385): 50%
Rangebound (5,041 – 5,385): 45%
Bearish (Break below 5,041): 5%Bearish (Break below 5,041): 5%


Disclaimers apply