Broker Name: CGS International
Date of Report: May 4, 2026
Excerpt from CGS International report.
Report Summary
- Hang Seng Index
- Long-term target: 28,500
- Action: Maintain bullish outlook; rebound expected above 26,400
- Call to Action: Consider holding or adding positions if price sustains above 26,400
- CSI 300 Index
- Long-term target: 5,000 (2-6 months period)
- Action: Maintain bullish score; resistance at 4,800 weakening
- Call to Action: Watch for breakout above 4,800 for confirmation to add
- SET Index (Thailand)
- Long-term target: 1,636
- Action: Maintain bullish case; short-term sentiment bearish, mid-term upside remains
- Call to Action: Monitor for rejection near 1,510 and potential correction to 1,340 before adding
- Jakarta Composite Index
- Action: Bearish short-term, potential rebound from oversold
- Call to Action: Await correction to 6,587 or lower for potential entry
- Nikkei 225 Index
- Long-term target: 62,000
- Action: Maintain bullish outlook; short-term corrective, strong upside above 56,000
- Call to Action: Hold or add positions if 56,000 support holds
- Dow Jones Industrial Average
- Long-term target: 51,000
- Action: Maintain bullish sentiment; caution near 50,000, strong support at 47,000
- Call to Action: Wait for correction to 47,000 for potential entry
- Nasdaq 100 Index
- Mid-term target: 28,600
- Action: Maintain bullish outlook; correction likely, strong support at 27,100
- Call to Action: Hold or add positions if price stays above 27,100
above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgs-cimb.com/