FTSE China A50, Hang Seng CE Index, Hang Seng, USDJPY, Kospi, Nikkei 225, Topix

Daily Forecast – 08 April 2013 FTSE China A50 April contract FTSE China A50 has hovered from 7875 up to 8085 this week. Watch for resistance at 8085/95 but a break above here could allow a test of 8226/33. We can try shorts here in expectation of a high for the day with a stop above 8280 for 8342. A break below 7875 today however keeps the 2 month down trend in tact and should see a test of 7813. This is good support & although we are not over sold we could still see a bounce here to- day

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FTSE China A50, Hang Seng CE Index, Hang Seng, USDJPY, Kospi, Nikkei 225, Topix

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