Week Ahead 2 - 5 Jun 2026
Headlines:
US: ISM surveys, May NFP report, Fed speakers, Beige Book release
China: May PMI, Econ data
Singapore: May PMI, Apr retail sales, May foreign reserves data (Mon, Vesak Day observance)
S&P 500 (SPX):
Index traded higher at all time high but monitoring supply closely as FFI diverges during this upward move.
Tactical Trade:
Long bias above 7,455 support. Buy on dips near 7,455–7,500 zone.
Long Term Direction:
Upward trend
Directional Probability:
Bullish (Breakout 7,455 toward 7,900): 40%
Range (7,003–7,455): 45%
Bearish (Breakdown 7,003 toward 6,550): 15%
Hang Seng Index (HSI):
Gap support broken. Index sitting on 25,146 key support zone. Index trending within descending channel.
Tactical Trade:
Neutral.
Long Term Direction:
Upward trend to Neutral
Directional Probability:
Bullish (Break 27,383, toward 29,618): 10%
Rangebound (25,146–27,383): 45%
Bearish (Break 25,146, toward 22,910): 45%
Straits Times Index (STI):
Index continues to hover at key resistance level. Probability remains cautiously towards upside breakout.
Tactical Trade:
Long bias on dip.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (Break 5,041, toward 5,385): 35%
Rangebound (4,697 – 5,041): 55%
Bearish (Break 4,697, toward 4,353): 15%
Disclaimers apply