Sunday, December 6, 2015

Indices short term support and resistance


Australia
Daily UT, Weekly DT
New daily and weekly Diff formed, resisted by TLD3.
Potential resistance around TLD3, 5,266, 5,316, 5,463, 5,528
Potential support around 5,138, TLU2, 5,025, TLU3, TLD1

Japan
Daily UT, Weekly UT
New daily and weekly Diff formed.  Broke down from range bound and broke weekly hlf.
Potential resistance around 19,740, 20,052, TLD1, TLU3, 20,619
Potential support around 19,092, 18,565, TLU2, 17,890

Hong Kong
Daily UT, Weekly DT
New diff created, supported by daily and weekly diff.  Resisted by TLD4.  Need to stay above TLD4 for 2-3 days for more upside.
Potential resistance around TLD4, 22,409, 23,540, TLU1, 23,969
Potential support around TLD2, 21,682, 21,080, TLU2, 20,011

Hong Kong China H-Shares
Daily Neutral, Weekly DT
New diff created and trade within diff.  Close below TLD2 for 2-3 days will see more downside.
Potential resistance around  TLD1, TLD3, 10,182, 10,711
Potential support around TLD2, 9,658, TLU2, 9,195, 8,637

UK
Daily UT, Weekly DT
Weekly chart closed with outside day.  TLU2 will be the important support for more upside.  Close below TLU2 for 2-3 days, show it weak.
Potential resistance around 6,297, 6,429, 6,489, 6,578, 6,809
Potential support around TLD2, TLD1, TLU2, 6,125, 6,070

Germany
Daily UT, Weekly UT
Similiar to UK, closed with outside day on weekly chart.  If can continue to close above TLU3 for 2-3 days, may see more upside
Potential resistance around 10,930, 11,147, TLD3, 11,532
Potential support around TLD2, TLU3, TLU2, 10,653, 9,942

India
Daily Neutral, Weekly DT
Formed outside day on weekly chart.  TLU2 will be potential support for rebound, else may see going lower.
Potential resistance around 7,817, 7,929, 7,991, TLU1, 8,085, 8,223
Potential support around TLU2, 7,682, 7,538, 7,417, 7,216

Key event to watch out  (SG Time)
07 Dec, Mon

  • 2300 GBP BoE Gov Carney Speaks    
08 Dec, Tue
  • 1000 CNY Trade Balance (Nov)
  • 1730 GBP Manufacturing Production (MoM) (Oct)
09 Dec, Wed
  • 0150 CAD BoC Gov Poloz Speaks    
  • 0930 CNY CPI (YoY) (Nov)
10 Dec, Thu
  • 0400 NZD Interest Rate Decision
  • 0400 NZD RBNZ Rate Statement 
  • 0405 NZD RBNZ Gov Wheeler Speaks 
  • 0830 AUD Employment Change (Nov)
  • 1630 CHF Interest Rate Decision
  • 2000 GBP Interest Rate Decision (Dec)
  • 2000 GBP BoE MPC Meeting Minutes
11 Dec, Fri
  • 0200 GBP BoE Gov Carney Speaks    
  • 2130 USD Core Retail Sales (MoM) (Nov)  
  • 2130 USD PPI (MoM) (Nov)
  • 2130 USD Retail Sales (MoM) (Nov)
12 Dec, Sat
  • 1330 CNY Industrial Production (YoY) (Nov)  

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