Analyse technique
Asia Indices Watch
NIKKEI: Within an ascending channel HANG SENG: Is testing the 20470pts resistance
Technical Analysis
Hourly Cash Charts
Sentiment: Bullish above the 17027pts strong support Comment: The index is trading within an ascending channel and above the MA. It is currently trading above the 17560pts support. We expect a further bullish move above this level towards 18061pts.
Sentiment: Bullish above the 19458pts strong support Comment: The index pursued its upwards move towards the 20470pts level. This resistance should trigger a slight consolidation (+ the RSI indicator is overbought). If cleared, the index would head towards 20812pts.
STRAITS TIMES: New historical high Sales Team
London: NYC: +44 207 583 89 72 +1 212 398 36 50
KOSPI 200: New historical high
Hong-Kong: +852 3793 11 17
www.louiscapital.com
Sentiment: Bullish above the 3189pts strong support Comment: The index registered a new historical high, far above the ascending trend line and the bullish MA. The main context remains clearly bullish above these trend following indicators.
Authorised and Regulated by the FSA
Sentiment: Bullish above the 188pts strong support Comment: The index registered a new historical high. We expect the bullish movement to continue as long as the 192.35pts short term support is unbroken.
Louis Capital Markets UK LLP , 78 Fleet Street, Second Floor London EC4Y 1HY
“Any financial promotion contained herein has been approved and issued by Louis Capital Markets LLP; This is not directed at private customers” No part of this material may be (i) copied, photocopied, or duplicated in any form, by any means, or (ii) redistributed without Louis Capital Markets prior written consent. Further information on any of the securities mentioned herein may be obtained upon request. If this publication has been distributed by electronic transmission, such as e-mail, then such transmission cannot be guaranteed to be secure or