|
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.
|
Monday, December 5, 2016
SPX is likely to recover from the current strong support.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.