S&P500 (SPX)- The immediate resistance level at 2,351.
We expect the index to continue to move in a narrow range with support level at
2,329. Hang Seng (HSI)- If HSI were to pull back to below 24,000, the immediate
support would be at 23,550, which is a confluence of 20MA and its trendline.
Conversely, if HSI can resume its bullish movement above
24,000, the next resistance is at 24,500. Strait Times (STI)- The next support
is at 3,072. If the index can breach above the 3,118 level, the next resistance
is at 3,150. KLCI-
The immediate resistance is at 1,725 if the index breakout
above 1,710. Conversely, the next support is at 1,700 if KLCI were to pull back
from 1,710.
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