Week Ahead 6 – 10 July 2026
Headlines:
US: FOMC minutes, ISM services PMI, NATO summit
China: CPI & PPI, PMI composite & services
Singapore: May retail sales
S&P 500 (SPX):
The index bounced off 7,333 support to close at 7,483, we expect index to trade with 7,333-7,620 ahead of the earnings season.
Tactical Trade:
Long bias re-established with FFI back positive. Buy dips toward 7,400–7,430 with stops below 7,333. Target 7,620 resistance. Healthcare, Financials and small-cap value preferred.
Long-Term Direction:
Upward trend (FFI recovered to positive but modestly)
Directional Probability:
Bullish (Breakout 7,620 towards 7,900): 20%
Range (7,333–7,620): 65%
Bearish (Breakdown 7,333 towards 7,060): 15%
Hang Seng Index (HSI):
Index bounced off 22,910. FFI negative but improved. Monitoring more signs of reversal.
Tactical Trade:
Cautious long if 22,910 holds. Stop below 22,518.
Long Term Direction:
Neutral
Directional Probability:
Bullish (Break 27,383, toward 29,618): 5%
Rangebound (22,910–27,383): 45%
Bearish (toward 20,688): 50%
Straits Times Index (STI):
New all-time high at 5,244, on track toward the 5,385 target. FFI needs to expand further to confirm a clean break higher.
Tactical Trade:
Long preferred, buy dips near 5,150 zone.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (Break above 5,385): 25%
Rangebound (5,041 – Towards 5,385): 70%
Bearish (Break below 5,041): 5%
Disclaimers apply