Australia
Daily DT, Weekly Neutral
New diff had formed and broke down after failed to break Diff and hold above TL2. Now back to multiple support include channel support. Previously channel support had a false break down for few days before it recovered.
Potential resistance around 5,463, 5,528 and 5,617
Potential support around 5,424, 5,316 and 5,138
Japan
UT
A new diff is formed. Forming triangle for a break out or break down.
Potential resistance around 20,900, 22,500^ and 23,900^
Potential support around 20,474, 20,052, 19,740 and 19,092
^Est figure using chart provided by Yahoo finance
Hong Kong
Daily DT, Weekly Neutral
In consolidation mode. Weekly formed an inside day
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.
In consolidation mode. Weekly chart closed with +roc, weekly diff supported for 2 weeks.
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
UK had broke TL2 and closed 2 days above TL2 but 2 inside days, potential for big movement coming. For more upside, need to close above TL2.
Potential resistance around 6,809, 6,949 and 7,047
Potential support around 6,578, 6,489, 6,429 and 6,297
Germany
Daily DT, Weekly UT
Broke TL1 but resisted by TL2, On Fri broke pdl and a new diff is created. Retracement support will be at TL3, closing below will be bearish in short term.
Potential resistance around 11,532, 11,774, 11,994 and 12,238
Potential support around 11,147, 10,930 and 10,653
India
UT
Any retracement, TL1 will be the support, closing below will be bearish in short term.
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)
11 Aug, Tue
- 1700 German ZEW Economic Sentiment (Aug)
- 1330 CNY Industrial Production (YoY) (Jul)
- 1630 GBP Average Earnings Index +Bonus (Jun)
- 1630 GBP Claimant Count Change (Jul)
- 2030 US Core Retail Sales (MoM) (Jul)
- 2030 Retail Sales (MoM) (Jul)
- 1400 German GDP (QoQ) (Q2)
- 1700 EUR CPI (YoY) (Jul)
- 2030 US PPI (MoM) (Jul)
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