Monday, February 27, 2017

S&P500 (SPX)- We expect the index to continue to move in a narrow range with support level at 2,350.


S&P500 (SPX)- We expect the index to continue to move in a narrow range with support level at 2,350.
Hang Seng (HSI)- The immediate support would be at 23,550, which is a confluence of 20MA and trendline. Conversely, if HSI can resume its bullish movement above 24,000, the next resistance is at 24,500.
Strait Times (STI)- If the level is sustained at current level, the resistance turned support level is at 3,118. If the index can sustain above the 3,118 level, the next resistance is at 3,150.
KLCI- The immediate resistance is at 1,710 if the index lifts itself to1,700. Conversely, the next support is at 1,690 if it continues to lose momentum

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