Straits Times, Topix, Hang Seng CE, Hang Seng, JGB, Kospi, Nikkei

Forecast for 11th January 2013 Straits Times Index The Straits Times rallied further for a test of 3237/38 highs as predicted. This should be tough to beat at this stage so we should be exiting any remaining longs and so far this has been the case. However if we see the market break 3240 this eliminates any short term negative pressure now, so we can buy back in to longs looking for a test of 3257/59 resistance on the way to 2011 highs at 3270/80. More likely we will see the markets drift

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Straits Times, Topix, Hang Seng CE, Hang Seng, JGB, Kospi, Nikkei

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