Forecast for 22nd January 2013 Hang Seng Jan contract Hang Seng Futures edged higher to 23644. We are extremely over bought on the weekly and daily charts and if we break the low of the last 2 sessions at 23485/455 we should fill the gap down to 23355. This could mark the low for today so watch for a bounce. However a break lower would then target 23207/23175. The highs of 23614/644 are resistance in today’s sessions with a break higher keeping the bull run alive for a move towards 23790 then
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Hang Seng, Hang Seng CE Index, Topix, Straits, Nikkei, Spot USDJPY, JGB,
