Indices short term support and resistance

Australia

Daily UT, Weekly DT

A new diff is formed trading within diff, resisted by TLU3

Potential resistance around TLU3, 5,316, 5,463, 5,528, 5,617

Potential support around 5,266, 5,138, TLU6, TLD5, 5,025, TLD4, TLU4, 4,833

Japan 

Daily Neutral, Weekly DT

This week is directionless, inside day of 29 Apr.  A new diff is formed.  Trading below weekly diff.  On the positive side, COT buying interest is above 70.

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

Potential support around  TLU5, TLU6, TLD4, 15,418, 14,795

Hong Kong

Daily UT, Weekly DT 

Broke down from Diff and TLU2 (trend line support).  If 20,011 unable to hold, may see testing TLU3 (trend line support) again

Potential resistance around  TLU2, TLU4, TLD5, 21,080, 21,682, 22,409

Potential support around  20,011, 19,073, TLU3, TLD4, 18,051 

Hong Kong China H-Shares

Daily UT, Weekly DT 

Broke down from consolidating and a new diff is formed.  If unable to recover above Diff, may see testing TLU3 (Trend line support)

Potential resistance around 8,637, 9,006, TLD5, TLU4, 9,195, TLU2, TLD4, 9,658

Potential support around 8,102, TLD3, TLU3, TLD2, 6,727

UK

Daily UT, Weekly DT

Managed to close above weekly Diff (6,375) for 2 days but unable to hold and sell down to close below weekly Diff.  A new diff is formed.  If unable to stay above diff, may see testing TLU3 (Trend line support)

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

Potential support around 6,125, 6,070, 6,010, TLD1, TLU3, 5,894, 5,768

Germany

Daily UT, Weekly DT

If unable to hold above TLU3 for 2-3 days, may test 9,468 

Potential resistance around TLD2, 9,924, TLU1, 10,189, 10,653

Potential support around TLU3, 9,679, 9,468, 9,216, 8,928

India

Daily UT, Weekly DT

Sell down and back to down trend upper channel.  If unable to close above down trend upper channel, may see testing 7,538

Potential resistance around 7,817, 7,929, 7,991, 8,085, TLU2, 8,223

Potential support around 7,682, 7,538, 7,417, 7,216, TLD2, 6,887

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

• No important data   

10 May, Tue

• 0930 CNY CPI (YoY) (Apr) 

11 May, Wed

• 1630 GBP Manufacturing Production (MoM) (Mar) 
• 2230 USD Crude Oil Inventories 

12 May, Thu

• 1900 GBP Interest Rate Decision (May) 

13 May, Fri

• 1400 EUR German GDP (QoQ) (Q1) 
• 2030 USD Core Retail Sales (MoM) (Apr)  
• 2030 USD PPI (MoM) (Apr) 
• 2030 USD Retail Sales (MoM) (Apr)   

14 May, Sat

• 1330 CNY Industrial Production (YoY) (Apr)