ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)


Australia 200 has rallied up into a cluster of Fibonacci resistance tests in the 5,275 to 5,280 zone which it needs to clear to call off its broader downtrend with next resistance near 5,300 and 5,330. Support in place near 5,215.

Japan 225 continues to rally after breaking out over 17,570 and completing an ascending triangle. Trading above 17,775 next potential resistance appears near the 18,000 round number then a measured 18,140.

HongKong 43 has rallied up off of 23,230 and toward 23,735 both Fibonacci levels with next resistance closer to the 24,000 round number. RSI bouncing around 50 indicates range bound trading and neutral momentum continues.




By Theodoros  Batsoulis
Technical Analyst
Risk Market