Week Ahead 19 – 21 Oct 2026
Key events include:
US Corp Earnings: Meta, Tesla, Netflix, IBM, P&G, American Express and GE Aerospace
SG Corp Earnings: Keppel Ltd
Key events include:
US: 3Q earnings, Flash PMIs, Bessent speaks
China: 3Q GDP, Sep ind prod, retail sales, LPR, Financial Street Forum
Singapore: Sep CPI & core CPI
S&P 500 (SPX):
The index still unable to establish a higher high within 7,620 - 8,000 zone. Traded back just above 7,620 support. FFI continues to slow.
Tactical Trade:
Defensive
Long-Term Direction:
Upward Trend (Leaning towards Neutral)
Directional Probability:
Bullish (Breakout 8,000 towards 8,382): 15%
Range (7,620 – towards 8,000): 55%
Bearish (Breakdown 7,620, towards 7,238): 30%
The index still unable to establish a higher high within 7,620 - 8,000 zone. Traded back just above 7,620 support. FFI continues to slow.
Tactical Trade:
Defensive
Long-Term Direction:
Upward Trend (Leaning towards Neutral)
Directional Probability:
Bullish (Breakout 8,000 towards 8,382): 15%
Range (7,620 – towards 8,000): 55%
Bearish (Breakdown 7,620, towards 7,238): 30%
Hang Seng Index (HSI):
The index continues to trade within its downward channel, but FFI continues to diverge.
Tactical Trade:
Defensive
Long Term Direction:
Downward Trend
Directional Probability:
Bullish (Regain 25,146, toward 27,383): 18%
Rangebound (25,146–22,910): 60%
Bearish (Break 22,910, toward 20,673): 22%
Straits Times Index (STI):
The index held 5,385 and the rising channel trendline for a full week. However, FFI remains deeply negative. Key support at 5,041 zone.
Tactical Trade:
Defensive.
Long Term Direction:
Upward Trend (Once 5,385 is breached, outlook would turn neutral)
Directional Probability:
Bullish (break above 5,774, towards 6,073): 10%
Rangebound (5,385 to 5,774): 55%
Bearish (Break below 5,385, towards 5,041): 35%
Disclaimers apply.