Sunday, August 2, 2015

Indices short term support and resistance

Australia
Neutral
Tested TL1 last Fri and broke lhf on Tue.  On Fri, tested Taos RL and closed above TL2.
Need to break this week for more upside.  Retracement support on Diff level
Have enter long pos on Tue when broke lhf.
Potential resistance around  5,735, 5,845 and 5,932
Potential support around 5,617, 5,528 and 5,463

Japan
UT
Need to stay above 20,052 for more upside
Potential resistance around 20,619, 20,900, 22,500^ and 23,900^
Potential support around  20,052, 19,740 and 19,092
^Est figure using chart provided by Yahoo finance

Hong Kong
Daily DT, Weekly Neutral 
Continue to broke down on Mon, trading within ranges for the subsequent days
Potential resistance around 24,892, 25,571 and 26,681
Potential support around  23,969, 22,409 and 21,682

Hong Kong China H-Shares
Daily DT, Weekly UT.
Similar to Hong Kong continue to broke down on Mon, trading within
ranges for the subsequent days
Potential resistance around 11,366, 11,821, 12,404 and 13,021
Potential support around 11,080, 10,711 and 10,450

UK
Daily DT, Weekly Neutral
Resisted by trend line TL2.  If can break and closed above TL2 for 2-3 days, next resistance will be pwh.
Potential resistance around 6,693, 6,809 and 6,949
Potential support around 6,578, 6,489, 6,429 and 6,297

Germany
Daily DT, Weekly UT
Failing to stay above trend line TL1, may see testing pwl.  If pwl is broken, more selling will come in
Potential resistance around 11,532, 11,774, 11,994 and 12,238
Potential support around  11,147, 10,930 and 10,653

India
Daily Neutral, Weekly UT
Broke pwl and recovered with +roc.  Need to break current week high to maintain the the UT
Potential resistance around 8,578, 8,705, 8,836 and 9,006
Potential support around 8,483, 8,435, 8,311 and 8,223

Key event to watch out  (SG Time)
03 Aug, Mon

  • 0945 CNY HSBC Manufacturing PMI (Jul)  
  • 1555 German Manufacturing PMI (Jul)
  • 1630 GBP Manufacturing PMI (Jul)
  • 2200 US ISM Manufacturing PMI (Jul)  
04 Aug, Tue
  • 0930 AUD Retail Sales (MoM) (Jun)
  • 1230 AUD Interest Rate Decision (Aug) 
  • 1330 INR Interest Rate Decision  
  • 1630 GBP Construction PMI (Jul)
05 Aug, Wed
  • 0645 NZD Employment Change (QoQ) (Q2)
  • 1630 GBP Services PMI (Jul)
  • 2015 US ADP Nonfarm Employment Change (Jul)
  • 2200 US ISM Non-Manufacturing PMI (Jul) 
06 Aug, Thu
  • 0930 AUD Employment Change (Jul)
  • 1630 GBP Manufacturing Production (MoM) (Jun)
  • 1900 GBP Interest Rate Decision (Aug)   
07 Aug, Fri
  • 2030 US Nonfarm Payrolls (Jul)
  • 2030 US Unemployment Rate (Jul)
  • 2030 CAD Employment Change (Jul)
  • 2000 CAD Ivey PMI (Jul)
08 Aug, Sat
  • 1000 CNY Trade Balance (Jul)
09 Aug, Sun
  • 1000 CNY CPI (YoY) (Jul)

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