With that, here is my technical views of the Asian Markets today;
NIKKEI – This market must stay above 9835 today… if not, there should be further selling awaiting for it towards the 9700s level
(Currently trading at; 9760)
STI – I expect the STI to find support at 2833 today… if not, one should be expecting it to lose the 2800 psychological level.
(Currently trading at: 2847)
SIMSCI – I expect this market to test 333.5 region soon.
(Currently trading at: 337.2)
HK Future - Should see some support around 20500 level but I am looking at it to test 20200 region in the near term
(Currently trading at: 20733)
Shanghai Index – 2513 will be the first support for the next 1-2days
(Currently trading at: 2566)
Taiwan Future – 266.0 will be the first support for the next 1-2days
(Currently trading at: 268.1)
S&P Future – I mentioned a few days ago that this Index will hit 1070 which already happened this morning. I am looking at it to test 1053 in the near term
(Currently trading at: 1072)
Pound – I am looking at it to hit 1.4735 region if it cannot stay above 1.50 in the near term.
(Currently trading at: 1.4916)
US Crude – I am looking at this commodity to be affected by the recent economical data and hit US$73.50s level
(Currently trading at: 76.53)
Gold – I am looking at this precious metal to hit 1258 again.
(Currently trading at: 1243)
Hope all these levels will assist you in your short term trading direction and may everyone prosper in the markets
Disclamer applies
Thanks
Zaedani
Email : dhmjkt@gmail.com
Skype : Wanhse
Yahoo Messenger : Tokohpdhm