Saturday, March 26, 2016

Dollar Index Rebounded

As mentioned last week, possible of technical rebound.  It even broke out of TLD4 and TLU6.  With better than expected GDP on Fri, expected dollar index to maintain in the beginning of the week.
Resistance at TLD4, TLD1, TLU6, 96.3, 97.3, TLU2, TLD2, TLU5, 98.3
Support at 94.0, 93.3, 92.5

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

Commodities Update - 26 Mar 16

BDI continue to edge higher from 395 (18 Mar) to 406 (24 Mar)
Harpex lower from 364.9 (12 Mar) to 364.13 (19 Mar) 

Summary
Most commodities closed lower except for grains closed higher

COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend 
  • Oats
  • Soybean Meal
  • Natural Gas (1)
  • Cotton
Neutral
  • Wheat
Up Trend 
  • Palladium

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend 
  • Soybean Oil
  • Crude
  • Gasoline
  • Heating Oil
  • Gold
  • Silver
Neutral 
  • None
Down Trend 
  • None
Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average








Indices short term support and resistance


Australia
Daily UT, Weekly DT
New weekly Diff is formed.  The week closed below daily and weekly diff.  TLD4 continue to be an important support for retracement. 
Potential resistance around TLD5, 5,138, TLU3, 5,266, 5,316, TLU2, 5,463
Potential support around TLD4, 5,025, TLD3, TLU6, TLU4, 4,833, TLD1, 4,696

Japan 
Daily DT, Weekly DT
In consolidation between 17,328 and TLU4.  COY buying interest drop below 70.
Potential resistance around 17,328, 17,890, 18,565, TLU2, 19,092
Potential support around 16,896, 16,581, TLU4, TLD3, TLU5, 15,418, 14,366

Hong Kong
Daily UT, Weekly DT 
New daily and weekly diff are formed.  TLU4 was broken, if unable to recover, may see testing TLD4.
Potential resistance around TLU4, TLU2, 21,080, 21,682, TLD5, 22,409 
Potential support around 20,011, TLD4, 19,073, TLD2, TLD1, TLU3, 18,051

Hong Kong China H-Shares
Daily UT, Weekly DT 
TLU4 will be the important support to watch retracement.
Potential resistance around 8,637, TLD3, 9,006, 9,195, TLU2, 9,658, TLD4, 10,182
Potential support around  TLU4, TLD2, 8,102, TLU3, TLD1, 6,727

UK
Daily UT, Weekly DT
Consolidating for 4 weeks.  If can close above consolidating range for 2-3 days will see more upside while below will see more downside.
Potential resistance around  6,297, 6,429, TLU2, 6,578, 6,809
Potential support around 6,125, 6,070, TLD1, 6,010, TLD3, TLD2, 5,894

Germany
Daily Neutral, Weekly DT
Consolidating, if break above TLD2 for 2-3 days may see some upside.
Potential resistance around TLU1, TLU2, 9,924, 10,189, TLD2, 10,653, 10,930
Potential support around  9,679, 9,468, 9,216, 8,928

India
Daily UT, Weekly DT
New diff is formed.  After broke out from consolidating on Mon become directionless, forming Doji for the rest of the day.  Next strong resistance level will be upper bound of Down trend channel 
Potential resistance around 7,682, 7,817, 7,929, TLU2, 7,991
Potential support around 7,538, TLD3, 7,417, 7,216, TLD2, 6,887, 6,695

Key event to watch out  (SG Time)
28 Mar, Mon
  • Germany, Hong Kong, Australia, UK holiday
  • 2200 USD Pending Home Sales (MoM) (Feb) 
29 Mar, Tue
  • 2200 USD CB Consumer Confidence (Mar)
  • 2330 USD Fed Chair Yellen Speaks 
30 Mar, Wed
  • 2015 USD ADP Nonfarm Employment Change (Mar) 
  • 2230 USD Crude Oil Inventories 
31 Mar, Thu
  • 1500 GBP BoE Gov Carney Speaks
  • 1555 EUR German Unemployment Change (Mar) 
  • 1630 GBP GDP (QoQ) (Q4) 
  • 1630 GBP GDP (YoY) (Q4) 
  • 1700 EUR CPI (YoY) (Mar) 
  • 2030 CAD GDP (MoM) (Jan) 
01 Apr, Fri
  • India holiday
  • 0750 JPY Tankan Large Manufacturers Index (Q1) 
  • 0750 JPY Tankan Large Non-Manufacturers Index (Q1) 
  • 0900 CNY Manufacturing PMI (Mar) 
  • 0945 CNY Caixin Manufacturing PMI (Mar)  
  • 1630 GBP Manufacturing PMI (Mar)    
  • 2030 USD Nonfarm Payrolls (Mar) 
  • 2030 USD Unemployment Rate (Mar) 
  • 2200 USD ISM Manufacturing PMI (Mar) 

Indices Performance Chart - 26 Mar 16

Most markets closed lower on a short trading week.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
  • DOW (decreased for 1st week)
  • S&P (1) (increased for 1st week)
  • Nasdaq (1) (increased for 3rd week)
  • Russell (1) (decreased for 3rd week)
Neutral
  • None
DT
  • None
Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average  

US markets closed with a -roc this week (except for Nasdaq) on weekly chart while daily chart show the last trading day closed with +roc pin bar even before GDP data is released. Overall the trend had changed to UT.  With better than expected GDP data, expecting Mon opening to trade higher but will watch for price action (above or below OP).  There will be US important data releasing on Wed and Fri that may set the tone for the markets.

Dow
Daily UT, Weekly DT
Potential resistance around 17,600, 17,829, TLU4, 18,189, 18,637, TLU9, TLU5
Potential support around TLD2, TLD1, 17,271, 17,083, 16,745, 16,503, 16,246

S&P
Daily UT, Weekly DT
Potential resistance around 2,045, 2,061, 2,102, TLU4, 2,116, 2,129, TLU5
Potential support around 2,028, 1,996, 1,973, 1,930

Nasdaq
Daily UT, Weekly Neutral
Potential resistance around 4,537, TLU1, 4,640, 4,682, TLU6, 4,772
Potential support around TLD2, 4,347, 4,271, 4,193, TLU2, 4,089, 3,956

Russell
Daily UT, Weekly DT
Potential resistance around 1,082, 1,114, 1,137, TLU2, 1,164, 1,185, 1,213
Potential support around TLD3, 1,049, TLD1, 1,009, TLD2, TLU4, 951

Sunday, March 20, 2016

Dollar Index closed lower

Dollar Index closed lower Fed decided no change in interest rate and dovish tone.  Fri closed with +roc, there maybe a technical rebound resisted at TLD4 before testing next support at 94.  If can close above TLU6 for 2-3 days, this could be a bottom for this round.
COT buying interest are increasing, yet to hit 70 mark
Resistance at TLD4, TLD1, TLU6, 96.3, 97.3, TLU2, TLD2, TLU5, 98.3
Support at 94.0, 93.3, 92.5



USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

Commodities Update - 19 Mar 16

BDI closed higher this week at 395 (18 Mar) from 388 (11 Mar)
Harpex remained at 364.95 (12 Mar) 

Summary
Most commodities closed higher due to USD weakening

COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend 
  • Oats
  • Natural Gas (1)
  • Cotton
Neutral
  • Wheat
  • Soybean Meal
Up Trend 
  • Corn
  • Palladium

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend 
  • Crude
  • Gasoline
  • Heating Oil
  • Gold
  • Silver
Neutral 
  • None
Down Trend 
  • None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average







Indices short term support and resistance


Australia
Daily Neutral, Weekly DT
Mentioned last week TLD4 will be an important support for any retracement.  Currently resisted by TLU3, if can closed above TLU3 for 2-3 days, may see more upside
Potential resistance around TLU3, 5,266, 5,316, TLU2, 5,463, 5,528
Potential support around TLD5, 5,138, TLD4, 5,025, TLD3, TLU6, TLU4, 4,833, TLD1, 4,696

Japan 
Daily DT, Weekly DT
Continue resisted by weekly Diff RL and supported by TLU4.  In consolidation mode between weekly Diff RL and TLU4. 
Potential resistance around 16,896, 17,328, 17,890, 18,565, TLU2, 19,092
Potential support around  16,581, TLU4, TLD3, TLU5, 15,418, 14,366

Hong Kong
Daily DT, Weekly DT 
A new diff is formed, closed above Diff and TLU2.  If can continue to close above TLU2 for 2-3 days, may see more upside to test TLD5.  Any retracement, TLU4 will be the support
Potential resistance around 21,080, 21,682, TLD5, 22,409 
Potential support around TLU2, TLU4, 20,011, TLD4, 19,073, TLD2, TLD1, TLU3, 18,051

Hong Kong China H-Shares
Daily DT, Weekly DT 
Broke out from consolidation and closed above TLD3.  May see more upside if can continue to close above TLD3 for 2-3 days.  Any retracement TLU4 will be the important support.
Potential resistance around 9,006, 9,195, TLU2, 9,658, TLD4, 10,182
Potential support around TLD3, 8,637, TLU4, TLD2, 8,102, TLU3, TLD1, 6,727

UK
Daily UT, Weekly DT
Consolidating for 3 weeks.  New diff is formed and closed above Diff.  If can close above conolidating range for 2-3 days will see more upside.
Potential resistance around  6,297, 6,429, TLU2, 6,578, 6,809
Potential support around 6,125, 6,070, TLD1, 6,010, TLD3, TLD2, 5,894

Germany
Daily DT, Weekly DT
Similiar to last week, outside day on Thur and Fri closed with inside day.  Need to continue to close above 9,924 for 2-3 days to maintain bullish.
Potential resistance around  10,189, TLD2, 10,653, 10,930, TLD3, TLU4, 11,147
Potential support around 9,924, TLU1, TLU2, 9,679, 9,468, 9,216, 8,928

India
Daily DT, Weekly DT
Consolidating for 2 weeks.  TEsted TLD3 and rebounded.  May see more upside if can close above 7,538 for 2-3 days
Potential resistance around 7,682, 7,817, 7,929, TLU2, 7,991
Potential support around 7,538, TLD3, 7,417, 7,216, TLD2, 6,887, 6,695


Key event to watch out  (SG Time)
21 Mar, Mon
  • Japan Holiday
  • 2200 USD Existing Home Sales (Feb) 
22 Mar, Tue
  • 1630 EUR German Manufacturing PMI (Mar) 
  • 1700 EUR German Ifo Business Climate Index (Mar) 
  • 1730 GBP CPI (YoY) (Feb)   
  • 1800 EUR German ZEW Economic Sentiment (Mar) 
23 Mar, Wed
  • 2200 USD New Home Sales (Feb) 
  • 2230 USD Crude Oil Inventories 
24 Mar, Thu
  • India Holiday
  • 1630 EUR German Manufacturing PMI (Mar) 
  • 1730 GBP Retail Sales (MoM) (Feb) 
  • 1800 EUR CPI (YoY) (Feb) 
  • 2030 USD Core Durable Goods Orders (MoM) (Feb) 
25 Mar, Fri
  • Germany, Canada, India, US, Singapore, Hong Kong, Australia, UK holiday
  • 2030 USD GDP (QoQ) (Q4) 

Indices Performance Chart - 19 Mar 16

Asia and US closed higher this week while most of Europe closed lower.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
  • DOW (1) (increased for 2nd week)
Neutral
  • S&P (decreased for 1st week)
  • Nasdaq (1) (increased for 2nd week)
  • Russell (1) (decreased for 2nd week)
DT
  • None
Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average  

This is the 5th week that US markets had been running up.  
US markets broke out from consolidation on Wed (except for Russell on Thur).  For 2 weeks, Russell closed within the familiar box range.


Dow
Daily UT, Weekly DT
Potential resistance around  17,829, TLU4, 18,189, 18,637, TLU9, TLU5
Potential support around 17,600, TLD2, TLD1, 17,271, 17,083, 16,745, 16,503, 16,246

S&P
Daily Neutral, Weekly DT
Potential resistance around 2,061, 2,102, TLU4, 2,116, 2,129, TLU5
Potential support around 2,045, 2,028, 1,996, 1,973, 1,930

Nasdaq
Daily Neutral, Weekly Neutral
Potential resistance around 4,537, TLU1, 4,640, 4,682, TLU6, 4,772
Potential support around TLD2, 4,347, 4,271, 4,193, TLU2, 4,089, 3,956

Russell
Daily Neutral, Weekly DT
Potential resistance around 1,114, 1,137, TLU2, 1,164, 1,185, 1,213
Potential support around 1,082, TLD3, 1,049, TLD1, 1,009, TLD2, TLU4, 951

Sunday, March 13, 2016

Dollar Index wild swing

Dollar Index swing wildly on Thur after ECB cut interest rate to 0% and more QE. 96.3 was tested and become resistance level. Expect volatility on Thur morning. 
Resistance at  96.3, 97.3, TLU2, TLD2, TLU5, 98.3, TLD3, 99.8
Support at TLU6, TLD1, 94.0, 93.3



USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

Commodities Update - 12 Mar 16

BDI continue to recover from 349 (04 Mar) to 388 (11 Mar)
Harpex lower this week from 365.78 (27 Feb) to 364.96 (05 Mar) 

Summary
Most commodities continue to trade higher except for metals.

COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend 
  • Oats
  • Natural Gas (1)
  • Cotton
Neutral
  • Corn
  • Wheat (1)
  • Soybean Meal
Up Trend 
  • Palladium

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend 
  • Gold
  • Silver
Neutral 
  • Crude
  • Gasoline
Down Trend 
  • None
Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average








Indices short term support and resistance


Australia
Daily DT, Weekly DT
A new diff is formed and closed above Diff.  TLD4 is an important support for any retracement.
Potential resistance around 5,266, 5,316, TLU2, 5,463, 5,528
Potential support around TLU3, TLD5, 5,138, TLD4, 5,025, TLD3, TLU6, TLU4, 4,833

Japan 
Daily DT, Weekly DT
Resisted by daily Diff but closed above weekly Diff.   If can continue to close above weekly Diff will see more upside.  Any pull back, TLD3 will be an important support.  COT buying interest remain at extreme region  
Potential resistance around 17,328, 17,890, 18,565, TLU2, 19,092
Potential support around  16,896, 16,581, TLU4, TLD3, TLU5, 15,418, 14,366

Hong Kong
Daily DT, Weekly DT 
A new diff is formed and consolidating around diff range.  Closed the week with a outside day.  Next week, closing above Diff may see upside momentum while closing below Diff may see testing 19,073
Potential resistance around TLU2, 21,080, 21,682, TLD5, 22,409 
Potential support around 20,011, TLD4, 19,073, TLD2, TLD1, TLU3, 18,051, 16,648

Hong Kong China H-Shares
Daily DT, Weekly DT 
Consolidating and supported by TLD2.  Closing below TLD2, may see testing 8,102 and TLU3.  If can close TLD3 for 2-3 day, may see more upside momentum 
Potential resistance around TLD3, 9,006, 9,195, TLU2, 9,658, TLD4, 10,182
Potential support around 8,637, TLD2, 8,102, TLU3, TLD1, 6,727

UK
Daily DT, Weekly DT
Consolidating around diff range, unable to break even Thur formed an outside day.  Need to break and close above Diff for more upside. 
Potential resistance around  6,297, 6,429, TLU2, 6,578, 6,809
Potential support around 6,125, 6,070, TLD1, 6,010, TLD3, TLD2, 5,894

Germany
Daily DT, Weekly DT
Consolidating with outside day on Thur, pierced thru Taos SL and rebounded.  Fri closed with inside day.  Potential bullish if can close above 9,924 for 2-3 days.
Potential resistance around TLU1, 9,924, 10,189, TLD2, 10,653, 10,930
Potential support around TLU2, 9,679, 9,468, 9,216, 8,928, TLD1, 8,758

India
Daily DT, Weekly DT
New diff is formed and hovered around TLD3.  Weekly chart closed with doji.  If close below TLD3, may see short term weakness.
Potential resistance around 7,538, 7,682, 7,817, 7,929, TLU2, 7,991
Potential support around TLD3, 7,417, 7,216, TLD2, 6,887, 6,695

Key event to watch out  (SG Time)
14 Mar, Mon
  • No important data 
15 Mar, Tue
  • 0300 NZD RBNZ Gov Wheeler Speaks
  • 0300 NZD Monetary Policy Meeting Minutes
  • Tentative JPY Interest Rate Decision 
  • 1430 JPY BoJ Press Conference     
  • 2030 USD Core Retail Sales (MoM) (Feb)   
  • 2030 USD PPI (MoM) (Feb) 
  • 2030 USD Retail Sales (MoM) (Feb)   
16 Mar, Wed
  • 1730 GBP Average Earnings Index +Bonus (Jan) 
  • 1730 GBP Claimant Count Change (Feb)  
  • 2030 GBP Annual Budget Release     
  • 2030 USD Building Permits (Feb)  
  • 2030 USD Core CPI (MoM) (Feb) 
  • 2230 USD Crude Oil Inventories 
17 Mar, Thu
  • 0200 USD FOMC Economic Projections 
  • 0200 USD FOMC Statement   
  • 0200 USD Fed Interest Rate Decision 
  • 0200 USD Fed Chair Yellen Speaks   
  • 0545 NZD GDP (QoQ) (Q4) 
  • 0830 AUD Employment Change (Feb)
  • 1630 CHF Interest Rate Decision   
  • 1800 EUR CPI (YoY) (Feb) 
  • 2000 GBP Interest Rate Decision (Mar) 
  • 2030 USD Philadelphia Fed Manufacturing Index (Mar)  
18 Mar, Fri
  • 2030 CAD Core CPI (MoM) (Feb) 
  • 2030 CAD Core Retail Sales (MoM) (Jan) 

Indices Performance Chart - 12 Mar 16

Most markets continue to close higher this week.  US markets, US dollar index and some major pairs had closed with an outside day on Thur after ECB cut interest rate to 0% and more QE.

Instruments that show buying interest (3) from Dealer/Intermediary (sell-side participants)
UT
  • None
Neutral
  • None
DT
  • DOW (increased for 1st week)
  • S&P (increased for 3rd week)
  • Nasdaq (1) (increased for 1st week)
  • Russell (1) (decreased for 1st week)

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal 
Down Trend and Up Trend is based on 50 Simple Moving Average  

US markets was in consolidation mode until Thur with an outside day formed.  Most short term traders stop loss will have have been triggered.  US markets had been running up for 4 weeks, is a positive sign if can close above Thur Day low.  
Expect volatility on Thur (17 Mar) morning on US interest rate, FOMC statement etc.  These may help to set a clearer direction for the markets.


Dow
Daily DT, Weekly DT
Potential resistance around TLD1, 17,271, TLD2, 17,600, 17,829, TLU4, 18,189
Potential support around 17,083, 16,745, 16,503, 16,246, TLD3, 15,851, TLU3

S&P
Daily DT, Weekly DT
Potential resistance around 2,028, 2,045, 2,061, TLU4, 2,102, 2,116
Potential support around 1,996, 1,973, TLD2, 1,930, TLU2, 1,886

Nasdaq
Daily DT, Weekly DT
Potential resistance around TLD2, 4,537, TLU1, 4,640, TLU6, 4,682
Potential support around 4,347, 4,271, 4,193, TLU2, 4,089, 3,956

Russell
Daily DT, Weekly DT
Potential resistance around 1,114, 1,137, TLU2, 1,164, 1,185, 1,213
Potential support around 1,082, TLD1, TLD3, 1,049, 1,009, TLD2, TLU4, 951

Sunday, March 6, 2016

Dollar Index tested 98.3

Dollar Index tested 98.3 but failed to hold.  It broke down and closed below 97.3.  If failed to close above 97.3 for another 2-3 days, may see testing 96.3.
Resistance at  97.3, TLU2, 98.3, TLD2, TLU5, 99.8, 100.3
Support at 96.3, TLU6, TLD1, 94.0 

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

Commodities Update - 05 Mar 16

BDI continue to recover gradually from 327 (26 Feb) to 349 (04 Mar)
Harpex similiar to BDI recovering 364.13 (20 Feb) to 365.78 (27 Feb)

Summary
Most commodities closed higher may due to USD weakening

COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend 
  • Oats
  • Corn
  • Soybeans
  • Wheat (1)
  • Soybean Meal (1)
  • Natural Gas (1)
  • Cotton
  • Palladium
Neutral
  • Coffee Arabica
  • Lumber
Up Trend 
  • None
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend 
  • Gold
Neutral 
  • None
Down Trend 
  • Crude
  • Gasoline

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average






Indices short term support and resistance


Australia
Daily DT, Weekly DT
Outside day on Tue and rallied for next 3 days.  Need to stay above 5,025 if there is a pull back for more upside.
Potential resistance around 5,138, TLD5, TLU3, 5,266, 5,316, TLU2, 5,463
Potential support around  TLD4, 5,025, TLD3, TLU6, TLU4, 4,833, TLD1, 4,696

Japan 
Daily DT, Weekly DT
TLD3 will be an important support fo any short term pull back.  If can break and close above weekly Diff will have more upside.
Potential resistance around 17,328, 17,890, 18,565, TLU2, 19,092
Potential support around  16,896, 16,581, TLU4, TLD3, TLU5, 15,418, 14,366

Hong Kong
Daily DT, Weekly DT 
To continue with the upside momentum, need to continue to close above TLD4 for 2-3 days
Potential resistance around TLU2, 21,080, 21,682, TLD5, 22,409 
Potential support around 20,011, TLD4, 19,073, TLD2, TLD1, TLU3, 18,051, 16,648

Hong Kong China H-Shares
Daily DT, Weekly DT 
Break out on Wed, need to continue to close above 8,637 for 2-3 days. TLD2 will be the important support for any pull back.
Potential resistance around TLD3, 9,006, 9,195, TLU2, 9,658, TLD4, 10,182
Potential support around 8,637, TLD2, 8,102, TLU3, TLD1, 6,727

UK
Daily Neutral, Weekly DT
New diff is formed and trading within Diff.  Need to break and close above Diff for more upside.  TLD3 will be an important trend line support
Potential resistance around  6,297, 6,429, TLU2, 6,578, 6,809
Potential support around 6,125, 6,070, TLD1, 6,010, TLD3, TLD2, 5,894

Germany
Daily DT, Weekly DT
A new diff is formed.  Still watching 9,924 level for potential turn to bullish
Potential resistance around TLU1, TLU2, 9,924, 10,189, TLD2, 10,653, 10,930
Potential support around 9,679, 9,468, 9,216, 8,928, TLD1, 8,758

India
Daily DT, Weekly DT
After hovering around DT lower channel for 3 days, an outside day  was formed on Mon and rallied.  TLD3 will be the important resistance to watch.
Potential resistance around  TLD3, 7,538, 7,682, 7,817, 7,929, TLU2, 7,991
Potential support around 7,417, 7,216, TLD2, 6,887, 6,695

Key event to watch out  (SG Time)
07 Mar, Mon
  • No important data 
01 Mar, Tue
  • 0750 JPY GDP (QoQ) (Q4) 
  • 1057 CNY Trade Balance (USD) (Feb)  
  • 1800 EUR GDP (YoY) (Q4) 
09 Mar, Wed
  • 1730 GBP Manufacturing Production (MoM) (Jan) 
  • 2300 CAD Interest Rate Decision 
  • 2330 USD Crude Oil Inventories 
10 Mar, Thu
  • 0400 NZD Interest Rate Decision 
  • 0930 CNY CPI (YoY) (Feb)  
  • 2045 EUR Interest Rate Decision (Mar)   
11 Mar, Fri
  • 2130 CAD Employment Change (Feb)   
12 Mar, Sat
  • 1330 CNY Industrial Production (YoY) (Jan)