Hang Seng, Hang Seng, JGB, JPY, Kospi, Nikkei, Straits, Topix

Forecast for 17th January 2013 Hang Seng CE Index Jan contract Hang Seng China Enterprises Futures hit profit taking as predicted reaching 11889 and continuing lower towards support at 11775/45. We held on just above here but cannot rule out further losses this week with a break lower to 11680/45 then likely to offer a good buying opportunity in the short term. Try longs here with a stop below 11560. A push through 12100/120 resistance looks very unlikely now but if it does occur, it should

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Hang Seng, Hang Seng, JGB, JPY, Kospi, Nikkei, Straits, Topix