Stocks will try in the week ahead to break the all-time highs set earlier in the year as a slew of S&P 500 companies get set to report.
 

The S&P 500 and the Dow are both around 1% below their all-time highs while the Nasdaq Composite is about 2% away from its record. The indexes got a lift this after a big chunk of this week’s reporters posted better-than-expected results. They were also boosted by improving sentiment around Brexit and U.S.-China trade negotiations.

The all-time highs could be tested as about 120 S&P 500 companies, or around 24%, are scheduled to release their quarterly results in the week ahead. Some of those companies include Caterpillar and Boeing, both of which are expected to report Wednesday before the bell. Amazon, Intel, McDonald’s and Chipotle Mexican Grill are also on deck for the week.

More than 14% of S&P 500 companies have reported through Friday, FactSet data shows. Of those companies, 81% posted earnings that beat analyst expectations.

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Plan A : Sell if market failed to support above 2986.50. Targets are 2971.25, 2960.50 and 2949.25.

Plan B : Buy if market retraced but supported above 2965.25. Targets are 2980.25, 2991.25 and 3002.25.

U.S. stock index futures were slightly higher Monday morning. The moves in pre-market trade come as investors continue to closely monitor global trade developments.

The two economic superpowers reached a limited trade deal last week, in an attempt to end a protracted dispute that has battered financial markets and hammered global growth. Both sides are working toward a comprehensive breakthrough.

Asia Pacific markets traded mixed on Monday as Brexit developments over the weekend created further uncertainty over the United Kingdom’s impending departure from the European Union.

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Plan A : Sell if market failed to support firm above 7888.50. Targets are 7849.50, 7820.25 and 7789.25.

Plan B : Buy if market retraced but supported firm above 7820.25. Targets are 7859.25, 7889.25 and 7919.50.

HSI

Hong Kong stocks weakened on Friday, tracking broader losses in other Asian markets following downbeat China growth data, but made weekly gains on hopes more measures would be taken to support the island city’s economy amid months-long protests.

Plan A : Above 26998, do nothing
Plan B : Below 26350, do nothing
Plan C : Consider to sell if market trades below 26675
Plan D : Cut above 26776
Plan E : Consider to long if market tested and rebounds from 26350
Plan F : Cut above 26275