### Market Update – January 14, 2026 (Pre-Market, SGT) | Market Insights

Market Update – January 14, 2026 (Pre-Market, SGT)

1. Executive Summary

Current Status:
S&P 500 futures are consolidating in a tight range between 6,965 – 6,975 during the pre-market session.
After hitting fresh all-time highs yesterday, bullish momentum has paused as the market enters a "quiet period" ahead of major data.

Core Logic:
Tomorrow’s (Thursday) CPI release is the primary macro catalyst of the week.
Institutional investors are booking partial profits and hedging exposure, leading to a temporary contraction in upward momentum.

Trend Outlook:
Defensive Consolidation. Expect sideways trading tonight; the attempt to breach the 7,000 milestone will likely be postponed until after the inflation data is digested.

2. Triangular Analysis

Macro

Data Anxiety: The market has priced in a moderate deceleration in CPI. A print in line with expectations would clear the path to 7,000; however, an upside surprise could spike Treasury yields (currently at 4.2%) and pressure tech valuations.
Earnings Support: Optimism surrounding Friday’s bank earnings is limiting significant downside risk.

Technical

Pattern: The daily chart shows signs of a "Doji" or minor consolidation — a healthy pause after a strong rally.
Moving Averages: The 10-day SMA has risen to 6,935, acting as dynamic support. RSI has cooled to around 60, correcting previous minor overbought conditions.

Micro

Volatility: The VIX remains elevated above 16, reflecting active buying of protective Puts — primarily event-driven hedging ahead of the CPI print.
Gamma: Significant Call Gamma resistance exists in the 6,975 – 7,000 zone. Market maker hedging flows are likely to cap upside potential for tonight’s session.

3. Key Support and Resistance Levels

| Level | Price | Description | |------------------------|----------|------------------------------------------------------| | Strong Resistance (R2) | 7,005 | Option Wall / Psychological Level | | Key Resistance (R1) | 6,988 | Yesterday's All-Time High | | Intraday Pivot (P) | 6,962 | Bull/Bear Divider | | Core Support (S1) | 6,935 | 10-day SMA – Dynamic support | | Trend Floor (S2) | 6,900 | Round Number / Bull Defense Line |

4. Actionable Advice

Intraday Strategy: Wait and See
Volatility compression is expected; avoid chasing highs.
Light long positions can be considered if price retraces to 6,940.

Risk Management:
Reduce intraday leverage ahead of tomorrow’s CPI.
Consider purchasing short-term Puts to hedge existing swing long positions.

Watchlist:
Monitor the US 10-Year Treasury Yield; a break above 4.25% would signal a potential equity sell-off.

📊 Key Data Summary

| Date (SGT) | Trend | Support / Resistance | Core Strategy | |--------------|---------------------------|----------------------|----------------------------------------------------| | 2026-01-14 | Defensive Consolidation | 6,935 / 6,988 | Hold cash/hedges. Buy dips at 6,935. Await CPI clarity. |

Patience is key tonight — the real move will likely come post-CPI. Stay nimble and protect capital ahead of the data storm.