Broker: CGS International
Date of Report: July 27, 2026
Excerpt from CGS International report.
Report Summary
- MSCI Singapore Free Index (SIMSCI): Maintains a sturdy uptrend.
Action: Hold current positions, do not add new; trail stop loss.
Target: 535 (next target), major support at 492. - Hang Seng Index: Short-term consolidation or minor pullback likely.
Action: Scale in with small positions; potential upside if 23,600 remains supported.
Target: 26,240. - Thailand SET Index: Steady uptrend following rebound.
Action: Hold current positions, do not add new; trail stop loss.
Target: 1,696; support at 1,570. - Jakarta Composite Index: Minimal correction, bullish recovery possible.
Action: Scale in with small positions, wait for 6,500 breakout.
Support: 5,600. - CSI 300 Index: Bearish correction ongoing.
Action: Wait for lower support at 4,280 before buying; bearish score -1.5.
Resistance: 4,700 rejected. - Nikkei 225 Index: Bearish correction expected.
Action: Trim positions on corrective rebound.
Support: 60,000 likely to be tested. - Dow Jones Industrial Average (DJIA): Potential bullish flag formation.
Action: Buy on pullback, reduce/trim until bullish signal at key support.
Target: 54,000; support at 51,000. - S&P 500 Index: Rangebound market, critical support at 7,200.
Action: Trim positions, keep in view (KIV). - Nasdaq 100 Index: Bearish breakdown, further downside possible.
Action: Trim tech exposure.
Support: 27,800; downside target 26,300 if support fails. - Gold: Neutral state, early accumulation phase.
Action: Watch for decisive break above 4,200 to confirm upside recovery.
Support: 4,000 psychological.
Key Ideas:
- Focus capital allocation on indices with relative strength.
- Trim tech, rotate into defensive sectors (healthcare, financials, consumer staples, transportation).
Above is an excerpt from a report by CGS International. Clients of CGS International can access the full research report from the broker’s website.
