Indices short term support and resistance

Australia

Daily UT, Weekly DT

New diff is formed and closed below Diff.  If unable to recover for next 2-3 days, may see testing UT channel lower band.

Potential resistance around 5,266, TLU6, 5,316, TLU3, 5,463, 5,528

Potential support around 5,138, 5,025, TLU4, TLD5, TLD4, 4,833

Japan 

Daily Neutral, Weekly DT

Trying to recover but failed after failed to overcome TLU4.  A new diff is formed, tested Diff SL and closed within Diff.  Movement still within symmetrical triangle.

Potential resistance around 16,581, TLU4, 16,896, 17,328, TLD6, 17,890

Potential support around  TLU5, TLU6, 15,418, 14,795

Hong Kong

Daily UT, Weekly DT 

Broke TLD5 but failed to hold and sell down broke Diff SL.  Looking to long on next lhf break.  In weekly chart, closed with -roc, short term weakness.

Potential resistance around 21,080, TLD5, 21,682, TLU4, 22,409

Potential support around TLU2, 20,011, TLU5, 19,073, TLU3,  18,051

Hong Kong China H-Shares

Daily Neutral, Weekly DT 

New diff is formed and broke below Diff.  Similiar to Hong Kong, weekly chart closed with -roc, short term weakness.

Potential resistance around 9,006, 9,195, TLU2, TLD4, 9,658

Potential support around 8,637, TLD5, TLU5, 8,102, TLU3, TLD3, 7,479

UK

Daily Neutral, Weekly DT

Broke down and closed below diff.  Outside day is formed on weekly chart. It may remain weak till uk referendum on 23 Jun.  Still within the familiar consolidation range.

Potential resistance around 6,125, 6,297, TLD2, 6,429, 6,578, TLU2, 6,809

Potential support around 6,070, 6,010, TLD1, TLU3, 5,894, 5,768

Germany

Daily Neutral, Weekly DT

Broke down and tested weekly Diff.  If closed below 9,679 for 2-3 days may see testing long term support, TLU2

Potential resistance around 9,924, TLU1, 10,189, TLU3, 10,653, TLD3, 10,930, 11,147

Potential support around TLD2, 9,679, 9,468, 9,216, TLU2, 8,928

India

Daily UT, Weekly Neutral

Failed to break out and back to Diff range.  If Diff (daily and weekly) fail to hold, may see retrace back to Up trend support channel

Potential resistance around TLU2, 8,223, 8,435, 8,578, 8,705

Potential support around 8,085, 7,991, 7,929, 7,817, 7,682

Key event to watch out  (SG Time)
13 Jun, Mon

• Australia holiday
• 1000 CNY Industrial Production (YoY) (May) 

14 Jun, Tue

• 1630 GBP CPI (YoY) (May)  
• 2030 USD Core Retail Sales (MoM) (May)
• 2030 USD Retail Sales (MoM) (May) 

15 Jun, Wed

• 1630 GBP Average Earnings Index +Bonus (Apr)  
• 1630 GBP Claimant Count Change (May)   
• 2030 USD PPI (MoM) (May) 
• 2230 USD Crude Oil Inventories 

16 Jun, Thu

• 0200 USD FOMC Economic Projections 
• 0200 USD FOMC Statement   
• 0200 USD Fed Interest Rate Decision 
• 0230 USD Fed Chair Yellen Speaks 
• 0645 NZD GDP (QoQ) (Q1) 
• 0930 AUD Employment Change (May)   
• 1100 JPY BoJ Monetary Policy Statement (YoY)   
• 1430 JPY BoJ Press Conference 
• 1530 CHF Interest Rate Decision 
• 1630 GBP Retail Sales (MoM) (May) 
• 1700 EUR CPI (YoY) (May) 
• 1900 GBP Interest Rate Decision (Jun) 
• 2030 USD Core CPI (MoM) (May) 
• 2030 USD Philadelphia Fed Manufacturing Index (Jun)  

17 Jun, Fri

• 2030 USD Building Permits (May) 
• 2030 CAD Core CPI (MoM) (May)