Sunday, November 8, 2015

Indices short term support and resistance


Australia
Daily Neutral, Weekly DT
New Diff created.  Currently supported by weekly Diff SL
Potential resistance around 5,266, 5,316, 5,463, 5,528
Potential support around 5,138, TLU2, 5,025, 4,950, 4,900

Japan
Daily UT, Weekly UT 

Break out from Diff after trading within Diff for a week.
Potential resistance around 19,740, 20,052, TLD1, 20,619
Potential support around 19,092, TLU3, 18,565, 17,890

Hong Kong
Daily Neutral, Weekly DT
Daily MA turning up. New Diff formed, need to close above TLD2 for 2-3 days for more upside
Potential resistance around TLD2, 23,969, 24,892, 25,571
Potential support around 22,409, 21,682, 21,080, TLU2, 20,011

Hong Kong China H-Shares
Daily Neutral, Weekly Neutral
Quite similar to Hong Kong.  Daily MA turning up. New Diff formed, need to close above TLD2 for 2-3 days for more upside
Potential resistance around TLD2, 10,711, TLU1, 11,080, 11,366
Potential support around 10,182, TLD1, 9,658, TLU2, 9,195

UK
Daily UT, Weekly DT
Consolidating between 6253 and 6489 level for past few weeks.  Need to close above 6489 for 2-3 days for more upside.
Potential resistance around TLD2, 6,429, 6,489, 6,578, 6,809
Potential support around 6,297, TLD1, 6,125, 6,070

Germany
Daily UT, Weekly UT
Trade higher, resisted by TLD2.  Need to trade above TLD2 for 2-3 days for more upside.
Potential resistance around TLD2, 11,147, 11,532, 11,774
Potential support around 10,930, 10,653, 10,272, TLU2, 9,924

India
Daily Neutral, Weekly DT
Broke hlf and a new Diff is formed.  Potential rebound at TLU1.  Failing to rebound, it may test DT upper channel
Potential resistance around 7,991, 8,085, 8,223, TLD1, 8,435
Potential support around 7,929, TLU1, 7,817, 7,682, 7,538


 
Key event to watch out  (SG Time)
09 Nov, Mon

  • None
10 Nov, Tue
  • Singapore - Deepavali
  • 1000 CNY CPI (YoY) (Oct)
11 Nov, Wed
  • Holiday India - Diwali
  • 1330 CNY Industrial Production (YoY) (Oct)  
  • 1730 GBP Average Earnings Index +Bonus (Sep)
  • 1730 GBP Claimant Count Change (Oct)
12 Nov, Thu
  • Holiday India - Diwali-Balipratipada
  • 0830 AUD Employment Change (Oct) 
13 Nov, Fri
  • 1500 GBP German GDP (QoQ) (Q3)
  • 2130 USD Core Retail Sales (MoM) (Oct) 
  • 2130 USD PPI (MoM) (Oct)
  • 2130 USD Retail Sales (MoM) (Oct)

No comments:

Post a Comment