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)