Week Ahead 2- 6 Nov 2026
Key events include:
US Corp Earnings: Apple, Palantir, AMD, Pfizer, McDonald's, Qualcomm, Uber and Berkshire Hathaway
SG Corp Earnings: SIA Eng, ParkwayLife REIT, UOB, OCBC, DBS, Great Eastern
US: ISM mfg & services, Oct NFP, midterm elections, Q3 earnings, Fed speakers speak
China: Econ Data
Singapore: PMI (Oct), Sep retail sales
S&P 500 (SPX):
The index has closed below its 7,620 support after an AI-led tech selloff. FFI is accelerating lower. Probability favours a breakdown towards 7,238.
Tactical Trade:
Defensive.
Long-Term Direction:
Upward Trend (Leaning towards Neutral)
Directional Probability:
Bullish (Breakout 8,000 towards 8,382): 5%
Range (7,620 – towards 8,000): 40%
Bearish (Breakdown 7,620, towards 7,238): 55%
Hang Seng Index (HSI):
The index continues to trade within its downward channel but held 22,910 for a second week. FFI fell again.
Tactical Trade:
Defensive. Watch for demand or FFI reversal for selective long trade.
Long Term Direction:
Downward Trend
Directional Probability:
Bullish (Regain 25,146, toward 27,383): 15%
Rangebound (25,146–22,910): 50%
Bearish (Break 22,910, toward 20,673): 35%
Straits Times Index (STI):
The index closed marginally below 5,385, testing the rising channel trendline. FFI improved. However, a close below 5,350 confirms trend change.
Tactical Trade:
Defensive.
Long Term Direction:
Upward Trend (Leaning to Neutral)
Directional Probability:
Bullish (break above 5,774, towards 6,073): 8%
Rangebound (5,385 to 5,774): 50%
Bearish (Break below 5,385, towards 5,041): 42%
Disclaimers apply