Week Ahead 17 – 21 Aug 2026
US: FOMC minutes
China: Aug 1Y/5Y LPR fixings, Jul ind prod, retail sales, unemployment rate
Singapore: Jul NODX, PM Wong's 3rd NDR speech
S&P 500 (SPX):
The index consolidated above the 7,620 breakout, with FFI accelerating.
Tactical Trade:
Long bias but avoid chasing at 7,785. Prefer the 7,680–7,730 \retest with stops below 7,600.
Long-Term Direction:
Upward trend
Directional Probability:
Bullish (Breakout 8,000 towards 8,382): 25%
Range (7,620 – towards 8,000): 60%
Bearish (Breakdown 7,620, towards 7,238): 15%
Hang Seng Index (HSI):
Index sitting directly on the 25,146 support after retreating from the August high. HSI needs to rebound from here to sustain any further upward move.
Tactical Trade:
Neutral to cautious selective long.
Long Term Direction:
Neutral.
Directional Probability:
Bullish (Break 27,383, toward 29,612): 20%
Rangebound (25,146–27,383): 55%
Bearish (Break 25,146, toward 22,910): 25%
Straits Times Index (STI):
The index closed at 5,743, marginally clearing the 5,728 resistance. FFI needs to expand further for a sustained upward move.
Tactical Trade:
Selective long, entry on dips toward 5,700 zone.
Long Term Direction:
Upward Trend
Directional Probability:
Bullish (break above 5,728, towards 6,073): 40%
Rangebound (5,385 to 5,728): 52%
Bearish (Break below 5,385, towards 5,041): 8%
Disclaimers apply