Nikkei, Straits, Topix, Hang Seng CE Index, Hang Seng , JGB , Spot USDJPY, Kospi

Forecast for 24th January 2013 Nikkei March contract Nikkei Futures broke lower and we expect a test of 10425/386 support. This could see the market bottom out for this week at least so may be wise to exit any shorts but longs here do need a stop below 10350. A break lower would then target 10220- 10190 next. Resistance at 10620/60 then 10750/770 for taking profit on any longs. Any push higher could reach 10840/860 but above here a retest of 10960/980 highs looks likely. We will find it

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Nikkei, Straits, Topix, Hang Seng CE Index, Hang Seng , JGB , Spot USDJPY, Kospi

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