Sunday, September 6, 2015

Indices short term support and resistance

Australia
DT
Broke hlf on Mon.  Resisted by TL5, supported by TL3 and 4,833.
Potential resistance around 5,025, 5,138, 5,266 and 5,316
Potential support around 4,833, 4,696 and 4,601

Japan
Daily DT, Weekly UT
Broke hlf on Mon and continue to trade lower.  Resisted by TL5, supported by TL6 and 17,328.

Potential resistance around 17,890, 18,565, 19,092, 19,740 and 20,052
Potential support around 17,328, 16,581 and 15,418

Hong Kong
DT
Broke hlf on Mon, new diff created and closed below Diff on Fri.  Resisted by TL3.
Potential resistance around 21,080, 21,682, 22,409 and 23,969
Potential support around 20,011, 19,073 and 18,051

Hong Kong China H-Shares
DT
Broke hlf on Mon and broke recent low (24 Aug) on Fri.  Closing above TL3 for 2-3 days may have potential upside
Potential resistance around 9,195, 9,658, 10,182 and 10,711
Potential support around 8,637, 8,102 and 6,727

UK
DT
Broke hlf on Tue and the following 3 days trade within Tue range.  If can close above TL5 for 2-3 days may see some upside
Potential resistance around 6,070, 6,125, 6,297, 6,429 and 6,578
Potential support around 6,010, 5,894 and 5,637

Germany
Daily DT, Weekly UT
Broke hlf on Mon, tested pwh on Thu but failed to hold
Immediate support TL4 and 9,924, more upside if can close above TL5 for 2-3 days
Potential resistance around 10,272, 10,653, 10,930 and 11,147
Potential support around  9,924, 9,679, 9,468 and 9,216

India
Daily DT, Weekly Neutral
Back to trading within DT channel, more upside if can close above DT channel and TL3 for 2-3 days
Potential resistance around 7,812, 7,929, 7,991 and 8,085
Potential support around 7,538, 7,417 and 7,216

Key event to watch out  (SG Time)
07 Sep, Mon

  • Canada - Labour Day
  • United States - Labor Day
08 Sep, Tue
  • 1000 CNY Trade Balance (Aug)
09 Sep, Wed
  • 1000 CNY CPI (YoY) (Aug)
  • 1630 GBP Manufacturing Production (MoM) (Jul) 
  • 2200 CAD Interest Rate Decision
10 Sep, Thu
  • 0500 NZD Interest Rate Decision
  • 0930 AUD Employment Change (Aug)
  • 0930 CNY CPI (YoY) (Aug)   
  • 1900 GBP Interest Rate Decision (Sep)  
11 Sep, Fri
  • 2030 USD PPI (MoM) (Aug)
12 Sep, Sat
  • 1330 CNY Industrial Production (YoY) (Aug) 

No comments:

Post a Comment