Week Ahead: Muted Markets Await Trump-Xi Meeting

 



Week Ahead 21 - 25 Sept 2026

US: Xi-Trump summit, Fed speakers
China: 1Y & 5Y LPR fixing, Xi-Trump summit, markets closed for Mid-Autumn festival
Singapore: Aug CPI
 

S&P 500 (SPX):
The index closed the week flat at 7,650.50, having breached 7,620 on Wednesday post-FOMC (closing at 7,551.81) before recovering. FFI remains negative.
 
Tactical Trade:
Neutral to defensive.
 
Long-Term Direction:
Upward Trend (Leaning towards Neutral).
 
Directional Probability:
Bullish (Breakout 8,000 towards 8,382): 8%
Range (7,620 – towards 8,000): 55%
Bearish (Breakdown 7,620, towards 7,238): 37%


Hang Seng Index (HSI):
The index continuing to trade within its downward channel. FFI remains negative.
 
Tactical Trade:
Defensive. No long position below 25,146.
 
Long Term Direction:
Bearish (unless 25,146 is regained)
 
Directional Probability:
Bullish (Regain 25,146, toward 27,383): 15%
Rangebound (25,146–22,910): 65%
Bearish (Break 22,910, toward 20,673): 20%

Straits Times Index (STI):
The breakout failed and the decline has extended. FFI turned negative.
 
Tactical Trade:
Defensive. No new longs unless the index regains 5,774.
 
Long Term Direction:
Upward Trend
 
Directional Probability:
Bullish (break above 5,774, towards 6,073): 18%
Rangebound (5,385 to 5,774): 62%
Bearish (Break below 5,385, towards 5,041): 20%

Dislcaimers apply