Week Ahead: Middle East Deal To Drive Markets

The Market Technician · 3 months ago · 86 views

 Week Ahead 15 - 19 Jun 2026Headlines:US: FOMC decision, May retail sales, US-Iran dealChina: May Econ dataSingapore: May NODX, Employment ReportS&P 500 (SPX):FFI has crossed below zero, expect S&P 500 to remain range bounded. Strong buying volume is needed for any meaningful upward move. Tactical Trade:No new longs until FFI stabilises. Long near 7,333 support zone, sell towards 7,500-7,550 level. Long Term Direction:Uptrend (leaning towards Neutral) Directional Probability:Bullish (Breakout 7,620 toward 7,900): 10%Range (7,333–7,620): 55%Bearish (Breakdown 7,333 toward 7,060): 35%Hang Seng Index (HSI):Index remained within a downtrend channel. FFI remains negative. Tactical Trade:Neutral Long Term Direction:Neural Directional Probability:Bullish (Break above 27,383, towards 29,618): 5%Rangebound (25,146–27,383): 45%Bearish (Towards 22,910): 55%Straits Times Index (STI):Expect Index to continue hovering around 5,000 area, as FFI remains mixed. Tactical Trade:Neutral to defensive. Long Term Direction:Upward TrendDirectional Probability:Bullish (Break 5,041, toward 5,385): 20%Rangebound (4,697 – 5,041): 65%Bearish (Break 4,697, toward 4,353): 15%Disclaimers apply