Week Ahead 27 - 31 July 2026
Headlines:
US Corp Earnings: Microsoft Meta, Amazon, Apple, Visa, Mastercard, Boeing, Exxon Mobil, Qualcomm, Starbucks
SG Corp Earnings: REITs, Seatrium
US: FOMC Announcement, Jun PCE
China: Industrial profits, PMI
Singapore: MAS Policy, Jun Ind Prod
S&P 500 (SPX):
The index drifted to the lower boundary of its range, with FFI reversing to negative. This marks the fourth test of the 7,620 support zone. We are monitoring for signs of demand absorption to confirm a directional move from this level.
Tactical Trade:
Neutral
Long-Term Direction:
Uptrend (Leaning towards Neutral)
Directional Probability:
Bullish (Breakout 7,620 towards 7,900): 15%
Range (7,333–7,620): 60%
Bearish (Breakdown 7,333 towards 7,060): 25%
Hang Seng Index (HSI):
Index consolidates below key 25,146 resistance and upper boundary of the downward trend channel. If no major supply sighted, index could break above both the range and the downward channel.
Tactical Trade:
Selective Long, or entry on pullbacks toward 24,300–24,600. Stop below 24,000.
Long Term Direction:
Neutral (Learnings towards Upward)
Directional Probability:
Bullish (Break 25,146, toward 27,383): 40%
Rangebound (22,910–25,146): 55%
Bearish (Break 22,910, toward 20,688): 5%
Straits Times Index (STI):
The index continues to trend higher, but FFI is flattening. Given the absence of supply, the index is expected to trade cautiously towards the 5,728 resistance zone.
Tactical Trade:
Long bias intact, entry on dips toward 5,500 zone. Target 5,728, then 6,073 on breakout.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (break above 5,728, towards 6,073): 40%
Rangebound (5,385 to 5,728): 55%
Bearish (Break 5,385, towards 5,041): 5%
Disclaimers Apply