SPX is likely to recover from the current strong support.

Indices	Trend	Summary of Outlook
S&P500 (SPX)		SPX is likely to recover from the current strong support. Nevertheless, the index may not make another new high in the short-term due to the heavy profit-taking seen at 2212.
Hang Seng (HSI)		HSI should be supported by the immediate support level at 22470 before determine it next move. If this support is breached, the next support is at 22270.
Strait Times (STI)		STI may consolidate or retrace to 2900 support level before resuming its uptrend. If STI can advance further, 2960 is the next strong resistance level that have been tested three times in this year.
KLCI		KLCI should remain range bound within 1615 and 1635.