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

Forecast for 14th December 2012 Hang Seng CE Index December contract Hang Seng China Enterprises Futures did break 11129 and major resistance in an over bought market but crucially we have not closed above 11200 which as stated yesterday was a requirement to then give bulls the confidence to embark on a fresh buying spree and target 11318/321. Above here we can stretch to 11424, possibly as far as 11567. So we risk a dip back to 11008 support, possibly as far as 10856 today. Watch for buyers

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

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