Week Ahead 10 – 14 Aug 2026
Headlines:
US/China Corp Earnings: Applied Materials, Tencent
SG Corp Earnings: CapitaLandInvest, Frasers Property, ST Engineering, Genting Sing, Sembcorp Ind, Wilmar Intl, UOL, CityDev
US: Jul CPI & core CPI, Jul PPI, Fed officials speak
China: Jul CPI & core CPI, Jul PPI, Jul FDI
Singapore: Final 2Q GDP, PM Wong's National Day Message, markets closed Mon.
S&P 500 (SPX):
The index broke above 7,620 after three attempts over the past three months to a record 7,757.64, with FFI accelerating.
Tactical Trade:
Long bias but avoid chasing, prefer entering the dip at 7,620–7,680. Favour Technology and Financials.
Long-Term Direction:
Upward trend
Directional Probability:
Bullish (Breakout 8,000 towards 8,382): 30%
Range (7,620 – towards 8,000): 55%
Bearish (Breakdown 7,620, towards 7,238): 15%
Hang Seng Index (HSI):
Index consolidating above the reclaimed 25,146 support, with channel breakout intact. FFI has faded but remains positive for a fifth consecutive week.
Tactical Trade:
Long. Entry on pullbacks toward 25,146–25,500. Stop below 25,000.
Long Term Direction:
Neutral (leaning Upward).
Directional Probability:
Bullish (Break 27,383, toward 29,612): 30%
Rangebound (25,146–27,383): 60%
Bearish (Break 25,146, toward 22,910): 10%
Straits Times Index (STI):
The index coils beneath the 5,728 resistance for a second test as FFI diverged. Index could further consolidate at current level. More evidence of demand required to push index further.
Tactical Trade:
Long bias intact but do not chase. Entry only on dips toward 5,600 zone.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (break above 5,728, towards 6,073): 30%
Rangebound (5,385 to 5,728): 60%
Bearish (Break 5,385, towards 5,041): 10%
Disclaimers Apply