Sunday, October 4, 2015

Indices short term support and resistance


Australia
DT
Broke lhf on wed, resisted by TL1
Potential resistance around 5,138, 5,266, 5,316 and 5,463
Potential support around 5,025, 4,833, 4,696 and 4,601

Japan
Daily DT, Weekly UT
Broke down from symmetrical triangle and recovered, supported by TL6
Potential resistance around 17,890, 18,565, 19,092 and 19,740
Potential support around 17,328, 16,581 and 15,418


Hong Kong
DT
Range bound between 22,409 and 20,011
Potential resistance around 21,682, 22,409, 23,969 and 24,892
Potential support around 21,080, 20,011, 19,073 and 18,051

Hong Kong China H-Shares
DT
Broke lhf on Wed and closed above TL1. 10,182 remained to be strong resistance
Potential resistance around  10,182, 10,711, 11,080 and 11,366
Potential support around 9,658, 9,195, 8,637, 8,102 and 6,727

UK
DT
Continue to close above TL3 but failed to break new high and yet broke pwl.  Continue to be range bound.
Potential resistance around  6,297, 6,429, 6,578 and 6,809
Potential support around 6,125, 6,070, 6,010 and 5,894

Germany
Daily DT, Weekly UT
Resisted at TL6 and 9679, need to close above 2-3 days for more upside
Potential resistance around 9,924, 10,272, 10,653 and 10,930
Potential support around 9,679, 9,468 and 9,216

India
DT
New diff formed and support at TL3
Potential resistance around  7,929, 7,991, 8,085 and 8,223
Potential support around 7,812, 7,538 and 7,417


Key event to watch out  (SG Time)
05 Oct, Mon

  • China Holiday
  • 1630 GBP Services PMI (Sep)
  • 2200 USD ISM Non-Manufacturing PMI (Sep)
06 Oct, Tue
  • China Holiday
  • 1030 AUD Interest Rate Decision
  • 2200 CAD Ivey PMI (Sep)  
07 Oct, Wed
  • China Holiday
  • 1630 GBP Manufacturing Production (MoM) (Aug)   
08 Oct, Thu
  • 1900 GBP Interest Rate Decision (Oct)  
09 Oct, Fri
  • 2030 CAD Employment Change (Sep) 

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