ASIA AND GLOBAL MARKET SPOT PRICE 2016

Fundamental & Technical Outlook Senin 05 Desember 2016

ASIA STOCK INDEX Twitter: @researchvaf

Page 1 of 7

MARKET UPDATE & OUTLOOK  Asia: Bursa Asia jatuh pada hari Jumat, terinspirasi oleh jatuhnya Wall Street dan bursa Eropa, menyusul ekspektasi kenaikan suku bunga AS lebih cepat dari perkiraan yang mendorong naiknya yield Treasury AS tenor 10 tahun ke level tertinggi 18 bulan di sesi overnight. Indeks MSCI untuk saham Asia-Pasifik diluar Jepang turun 0,9%, catat penurunan mingguan 0,3%. Indeks Nikkei, yang melonjak ke level tertinggi 11 bulan pada hari Kamis, ditutup melemah 0,5% pada hari Jumat, namun masih catat kenaikan mingguan 0,24%. Indeks CSI 300 Cina merosot 1% dan catat penurunan mingguan 0,2%. Indeks Hang Seng Hong Kong menjadi saham Asia yang mengalami kemerosotan tertajam pada hari Jumat dengan turun 1,4% dan kehilangan lebih dari 0,7% dalam sepekan. Kospi juga terkoreksi 0,7% dan turun 0,2% dalam sepekan, setelah partai-partai oposisi mengatakan mereka akan mengajukan mosi hari Jumat untuk mendakwa Presiden Park Geun-hye atas skandalnya, dengan tujuan menggelar pemungutan suara untuk impeachment nya pada 9 Desember. Naiknya harga minyak juga mendukung ekspektasi kenaikan inflasi.  Eropa: Bursa Eropa ditutup melemah setelah terkoreksi di awal sesi pada hari Jumat ke level terendah 3 pekan menyusul investor berlaku hati-hati jelang referendum konstitusi di Italia yang berpotensi memicu ketidakpastian politik di kawasan. Indeks STOXX 600 ditutup melemah 0,4%, tertekan oleh melemahnya saham keuangan dan komoditas seiring jatuhnya harga logam. Indeks utama Eropa ditutup pekan ini (kemarin) di teritorial negatif setelah catat penguatan dalam 3 pekan sebelumnya. Sikap hati-hati investor jelang referendum konstitusi di Italia juga turut menekan bursa Inggris, dengan saham perbankan pimpin penurunan. Indeks FTSE 100 ditutup turun 0,3%, dan mencatat penurunan mingguan 1,6% sekaligus mengakhiri reli 3 minggunya.  AS & Global Markets: Yield obligasi jatuh di hari Jumat setelah rilis optimis data pekerjaan AS memperkuat pandangan bahwa The Fed akan menaikkan suku bunga secara gradual, sementara pasar uang dan saham bergerak hati-hati jelang referendum konstitusi Italia di hari Minggu. Minyak berjangka rebound oleh melemahnya USD, melanjutkan kenaikan yang dipicu oleh pemotongan produksi minyak yang disepakati oleh Organisasi Negara Pengekspor Minyak (OPEC), yang pertama sejak 2008. Data non-farm payrolls bulan November dirilis optimis, sedikit di atas ekspektasi pasar, dan mendukung tekad The Fed untuk menaikkan suku bunga untuk pertama kalinya dalam hampir setahun terakhir. Tingkat pengangguran juga turun menjadi 4,6%, level terendahnya selama lebih dari 9 tahun, namun tingkat upah diluar dugaan turun 0,1%, mengurangi harapan pendapatan rumah tangga akan mendukung naiknya inflasi. Kecemasan atas kemungkinan Italia menolak referendum Perdana Menteri Matteo Renzi, yang bisa menyulut ketidakstabilan politik di ekonomi terbesar ketiga zona euro, telah menyebabkan perdagangan berfluktuasi di pasar Eropa. Investor juga menunggu untuk melihat apakah Norbert Hofer dari sayap kanan Partai Kebebasan mungkin menang atas mantan pemimpin Partai Hijau Alexander Van der Bellen dalam pemilihan presiden Austria, Minggu. Indeks dolar catat koreksi mingguan pertamanya dalam sebulan dan terakhir tercatat turun 0,4% ke 100.66. Melemahnya USD mendorong rebound pada harga minyak dan juga emas.  Weekahead: Disamping masalah referendum konstitusi di Italia dan pilpres di Austria, pandangan pasar akan tertuju pada sidang ECB pekan ini (Kamis). Dalam pertemuan yang diselenggarakan di tengah gejolak politik, ECB kemungkinan akan berpendapat bahwa inflasi masih tetap lemah, sehingga langkah pembelian aset perlu dilanjutkan setelah Maret, mungkin selama enam bulan, untuk menopang pertumbuhan dan inflasi. ECB telah menggelontorkan dana sekitar 1,4 trilyun euro untuk pembelian obligasi, mengirimkan suku bunga ke rekor terendahnya, dan kondisi ini (pemberian stimulus) pada akhirnya harus berakhir. Disamping ECB, bank sentral India, Australia dan Kanada juga akan mengadakan sidangnya pekan ini. Bank sentral India diprediksi akan pangkas suku bunga sedangkan RBA dan BoC diprediksi mempertahankannya.

ASIA AND GLOBAL MARKET SPOT PRICE 2016 HIGH / LOW RECORD HIGH 2015 HIGH 2016 HIGH 2016 LOW 2015 LOW RECORD LOW

.N225

.KS200

.HSI

.DJI

/.SPX

/.SSEC

38915.87 (29/Dec/89) 20952.71 (24/Jun/2015) 18951.12 (04/Jan/16)

295.51 (03/May/11) 275.11 (24/Apr/2015) 262.10 (07/Sep/16)

31958.41 (30/Oct/07) 28588.52 (27/Apr/2015) 24364.00 (09/Sep/16)

18351.36 (19/May/2015) 18351.36 (19/May/2015) 19225.29 (30/Nov/16)

2134.72 (20/May/2015) 2134.72 (20/May/2015) 2214.10 (30/Nov/16)

6124.04400 (16/Oct./07) 5178.19100 (12/Jun/2015) 3538.68940 (04/Jan/16)

14864.01 (24/Jun/16) 16592.57 (16/Jan/2015)

222.92 (20/Jan/16) 217.52 (24/Aug/2015) 31.96 (16/Jun/98)

18278.80 (12/Feb/16) 20368.12 (29/Sep/2015)

15450.56 (20/Jan/16) 15370.33 (24/Aug/2015) 388.20 (17/Jan/55)

1810.10 (11/Feb/16) 1867.01 (24/Aug/2015) 132.93 (23/Nov./82)

2638.30160 (27/Jan/16) 2850.71350 (26/Aug/2015) 325.92200 (29/Jul/94)

85.25 (06/Jul/50)

58.61 (31/Aug/67)

Closing Prices – 02 December 2016 CLOSE .DJI /.SPX /.IXIC JPY= KRW=

19170.42 2191.95 5255.652 113.51 1166.31

CHANGE     

21.51/ 0.11% 0.87 / 0.04% 4.545/ 0.09% 0.57/ 0.50% 0.42 / 0.04%

CLOSE .N225 .KS200 .HSI /.SSEC /CLc1 (Oil)

18426.08 252.88 22564.82 3244.47510 51.68

CHANGE     

87.04/0.47% 1.60/0.63% 313.41/1.37% 28.83420/0.88% 0.62 / 1.21%

DISCLAIMER: All contents of This Report have been prepared by Research Dept. and are provided solely for informational purpose. We have taken reasonable measures to ensure the accuracy of the report, however, do not guarantee its accuracy and will not accept liability for any consequential loss or damage which may arise directly or indirectly from any use of the report.


ASIA STOCK INDEX Page 2 of 7

WEEKLY ECONOMIC INDICATORS DATE

WIB

CTY

Mon/28-Nov-16 Tue/29-Nov-16

22:30 04:00 06:30 06:30 06:30 06:30 06:50 14:00 20:30 20:30 20:30 20:30 20:30 20:30 21:00 21:00 21:00 21:15 22:00 22:30 22:30 06:00 06:00 06:00 06:50 07:00 07:30 07:30 07:30 07:30 12:00 12:00 15:30 20:00 20:15 20:30 20:30 20:30 20:30 20:30 20:30 20:30 21:45 22:00 22:00 22:30 22:30 22:30

US KR JP JP JP JP JP KR US US US US US US US US US US US US US KR KR KR JP AU AU AU AU AU JP JP HK US US US US US US US US US US US US US US US US US AU KR KR KR JP

Wed/30-Nov-16

30 Nov ~ 01 Dec Thu/01-DEC-16

02:00 05:30 06:00 06:00 06:00 06:50

INDICATORS

Dallas Fed Mfg Bus idx* BOK Manufacturing BSI* Unemployment Rate Jobs/Applicants Ratio All Household Spending YY* All Household Spending MM Retail Sales YY Bank of Korea Policy Meeting Minutes GDP 2nd Estimate GDP Sales Prelim GDP Cons Spending Prelim GDP Deflator Prelim Core PCE Price Prelim PCE Prices Prelim CaseShiller 20 MM SA CaseShiller 20 MM NSA CaseShiller 20 YY Fed's Dudley Speaks Consumer Confidence Texas Serv Sect Outlook Dallas Fed Services Reve Industrial Production YY* Service Sector Output Gr Industrial Output Growth Industrial Production Prelim HIA New Home Sales MM Building Approvals* Private House Approvals* Private Sector Credit* Housing Credit* Housing Starts YY* Construction Orders YY* Money Supply M3* Fed's Kaplan Speaks in New York ADP National Employment Personal Income MM Personal Consump Real MM Consumption. Adjusted MM Core PCE Price Index MM Core PCE Price Index YY PCE Price Index MM PCE Price Index YY Chicago PMI Pending Home Sales Change MM Pending Home Index EIA Weekly Crude Stocks EIA Weekly Dist. Stocks EIA Weekly Gasoline Stk OPEC Meeting: 171st Meeting in Vienna U.S. Federal Reserve Releases Beige Book AIG Mfg Index CPI Growth* CPI Growth YY* Current Account Balance* Business Capex (MOF) YY*

PER

ACTUAL

FORECAST

PREV.

Nov Dec Oct Oct Oct Oct Oct

10.2 74 3.0% 1.40 -0.4% -1.0% -0.1%

N/A N/A 3.0% 1.39 -0.6% 0.1% -1.2%

-1.50 74 3.0% 1.38 -2.1% 2.8% -1.9%

Q3 Q3 Q3 Q3 Q3 Q3 Sep Sep Sep

3.2% 2.7% 2.8% 1.4% 1.7% 1.4% 0.4% 0.1% 5.1%

3.0% 2.5% N/A 1.5% 1.8% 2.0% 0.4% 0.4% 5.2%

2.9 % 2.3% 2.1% 1.5% 1.7% 1.4% 0.2% 0.4% 5.1%

Nov Nov Nov Oct Oct Oct Oct Nov Oct Oct Oct Oct Oct Oct Oct

107.1 12.6 13.7 -1.6% -0.2% -1.7% 0.1% -8.5% -12.6% -3.4% 0.5% 0.6% 13.7% 15.2% 8.1%

101.2 N/A N/A -2.0% N/A -0.1% -0.1% N/A 1.5% N/A 0.4% N/A 11.2% N/A N/A

98.6 3.0 9.9 -2.0% 0.6% 0.3% 0.6% 3.8% -8.7% 2.3% 0.4% 0.5% 10.0% 16.3% 7.80%

100.8

Nov Oct Oct Oct Oct Oct Oct Oct Nov Oct Oct w/e w/e w/e

216.0k 0.6% 0.1% 0.3% 0.1% 1.4% 0.2% 1.4% 57.6 0.1% 110.0 -0.884m 4.957m 2.097m

165k 0.4% N/A 0.5% 0.1% N/A N/A N/A 52.0 0.4% N/A 0.636m 1.336m 1.156m

147k 0.3% 0.3% 0.5% 0.1% 1.7% 0.2% 1.2% 50.6 1.5% 110.0 -1.255m 0.327m 2.317m

119.0k 0.4% 0.5%

Nov Nov Nov Oct Q3

54.2 -0.1% 1.3% 6.01b -1.3%

N/A 0.10% 1.50% N/A N/A

50.9 0.1% 1.3% 7.06b 3.1%

RESEARCH DEPARTMENT – PT VALBURY ASIA FUTURES Menara Karya 9th Floor, Jl. HR Rasuna Said Blok X-5 Kav. 1-2 Jakarta 12950 Indonesia, Phone : +6221-25533777 Twitter: @researchvaf

REV.

0.3%

-1.7% -0.7% 0.6%

-9.3% 1.5%

1.4% 109.9

6.86b


ASIA STOCK INDEX Page 3 of 7 07:00 07:00 07:00 07:30 07:30 07:30 07:30 08:00 08:00 08:45 15:30 19:30 20:30 20:30 20:30 20:30 21:00 21:45 22:00 22:00 22:00 22:00 06:00 06:00 07:30 20:30 20:30 20:30 20:30 20:30 20:30 20:30 20:30 20:30 21:45 21:45

KR KR KR AU AU JP KR CN CN CN HK US US US US US US US US US US US KR KR AU US US US US US US US US US US US

DATE

WIB

CTY

Mon/05-Dec

04:00 05:30 07:30 08:45 09:30 10:45 12:00 20:30 21:25 21:45 21:45 22:00 22:00

KR AU AU CN HK JP JP US US US US US US

N/A 02:05 07:30 07:30 10:30 20:30 20:30

CN US AU AU AU US US

Fri/02-DEC-16

06 ̴ 07 Dec Tue/06-Dec

Exports Growth Prelim* Nov 2.7% Imports Growth Prelim* Nov 10.1% Trade Balance Prelim* Nov 8.0b Capital Expenditure* Q3 -4.0% Plant/Machinery Capex* Q3 -1.9% Nikkei Mfg PMI Nov 51.3 Nikkei Markit Mfg PMI Nov 48.0 NBS Manufacturing PMI* Nov 51.7 NBS Non-Manufacturing PMI Nov 54.7 Caixin Mfg PMI Final Nov 50.9 Retail Sales YY* Oct -2.9% Challenger Layoffs Nov 26.936k Initial Jobless Claims w/e 268 Jobless Claims 4-wk Avg w/e 251.5 Continuing Jobless Claims w/e 2.081m Fed's Mester Gives Opening Remarks at Financial Stability Conf Fed's Kaplan Speaks in San Antonio Markit Manufacturing PMI Final Nov 54.1 Construction Spending MM Oct 0.5% ISM Manufacturing PMI Nov 53.2 ISM Mfg Prices Paid Nov 54.5 ISM Manuf New Orders Idx Nov 52.3 GDP Growth YY Q3 0.6% GDP Growth QQ Q3 2.6% Retail Sales MoM Oct 0.5% Non-farm Payrolls Nov 178k Private Payrolls Nov 156k Manufacturing Payrolls Nov -4k Government Payrolls Nov 22k Unemployment Rate Nov 4.6% Average Earnings MM Nov -0.1% Average Workweek Hrs Nov 34.4h Labor Force Participation Rate Nov 62.7% U6 Underemployment Rate Nov 9.3% ISM-New York Index Nov 720.5 ISM-NY Biz Conditions Nov 52.5

1.2% 2.9% N/A -2.5% N/A N/A N/A 51 N/A 50.8 N/A N/A 253k N/A 2.040m

-3.2% -4.8% 6.97b -5.4% 2.8% 51.1 48.0 51.2 54.00 51.2 -4.1% 30.740k 251k 251.00k 2.043m

N/A 0.5% 52.2 54.0 N/A N/A N/A 0.3% 175k 165k -3k N/A 4.9% 0.2% 34.4h N/A N/A N/A N/A

53.9 -0.4% 51.9 54.5 52.1 2.7% 0.7% 0.6% 161k 142k -9k 19k 4.9% 0.4% 34.4h 62.8% 9.5% 719.3 49.2

FORECAST

PREV.

FX Reserves* Nov AIG Services Index Nov ANZ Internet Job Ads Nov Caixin Services PMI Nov Nikkei PMI Nov BOJ Kuroda speaks at Europlace in Tokyo Consumer Confidence Index* Nov Fed's Dudley Speaks on Economy and Policy in New York Fed's Evans Speaks on Economy and Policy in Chicago Markit Services PMI Final Nov Markit Composite Final PMI Nov Employment Trends* Nov ISM Non-Manufacturing Composite Nov

N/A N/A N/A 52.7 N/A

$375.17b 50.5 1.0% 52.4 48.2

43.8

42.3

N/A N/A N/A 55.3

54.7 54.9 129.0 54.8

FX Reserves (Monthly)* Nov Fed's Bullard to Speak on U.S. Economic Outlook In Arizona Current Account Deficit* Q3 Net Exports Contribution Q3 RBA Cash Rate* Dec International Trade MM $ Oct Productivity Revised Q3

N/A

3121t

13.70b 0.0% 1.50% -41.5b 3.3%

15.54b -0.2% 1.50% -36.4b 3.1%

INDICATORS

PER

ACTUAL


-5.2%

0.0%

142k 135k -5k 7k

REV.



Wed/07-Dec

Thu/08-Dec

08 ̴ 09 Dec

Fri/09-Dec

10 Dec ~15 Dec 10 Dec ~15 Dec 10 Dec ~15 Dec 10 Dec ~20 Dec

20:30 22:00 22:00 22:00 22:00 22:00 05:30 06:00 06:50 07:30 07:30 08:30 12:00 12:00 22:30 22:30 22:30 N/A N/A N/A 03:00 06:50 06:50 06:50 06:50 06:50 07:30 07:30 07:30 12:00 20:30 20:30 20:30 06:50 07:30 07:30 08:30 08:30 08:30 22:00 22:00 22:00 22:00 22:00 N/A N/A N/A N/A

US US US US US US AU JP JP AU AU JP JP JP US US US CN CN CN US JP JP JP JP JP AU AU AU JP US US US JP AU AU CN CN CN US US US US US CN CN CN CN

Labor Costs Revised Factory Orders Factory Orders Ex Trans MM Durable Goods Orders R MM Durables Ex Transportation R MM Nondef Cap Ex-Air R MM AIG Construction Index Reuters Tankan DI Foreign Reserves GDP QQ* GDP YY* BOJ Iwata makes a speech in Nagasaki Leading Indicator MM* Coincident Indicator* EIA Weekly Crude Stocks EIA Weekly Dist. Stocks EIA Weekly Gasoline Stk Exports YY* Imports YY* Trade Balance USD* Consumer Credit Bank Lending YY Current Account NSA JPY* GDP Revised QQ GDP Rev QQ Annualised* GDP Cap Ex Rev QQ* Trade Balance G&S (A$)* Goods/Services Imports* Goods/Services Exports* Economy Watchers Poll* Initial Jobless Claims Jobless Claims 4-wk Avg Continuing Jobless Claims Business Survey Index* Housing Finance* Invest Housing Finance* CPI YY* CPI MM* PPI YY Wholesale Inventories MM Wholesale Sales MM U. of Mich. Sentiment U. of Mich. Current Conditions U. of Mich. Expectations M2 Money Supply YY Outstanding Loan Growth New Yuan Loans CNY FDI (YTD)

Q3 Oct Oct Oct Oct Oct Nov Dec Nov Q3 Q3

0.3% 2.5% N/A -3.5% N/A N/A N/A N/A N/A 0.3% 2.5%

0.3% 0.3% 0.6% 4.8% 1.0% 0.4% 45.9 14 1242.8b 0.5% 3.3%

Oct Oct w/e w/e w/e Nov Nov Nov Oct Nov Oct Q3 Q3 Q3 Oct Oct Oct Nov w/e w/e w/e Q4 Oct Oct Nov Nov Nov Oct Oct Dec Dec Dec Nov Nov Nov Nov

N/A N/A N/A N/A N/A -5.7% -2.1% N/A 18.50b N/A 1577.2b 0.6% 2.4% 0.2% -800m N/A N/A N/A N/A N/A N/A N/A -1.0% N/A 2.2% N/A 2.1% -0.3% 0.3% 95.0 N/A N/A N/A N/A 710.0b N/A

-0.4 0.2 -0.884m 4.957m 2.097m -7.3% -1.4% 49.06b 19.29b 2.4% 1821.0b 0.5% 2.2% 0.0% -1227m -1.0% 2.0% 49.3 268k 251.5k 2.081m 2.9 1.6% 4.6% 2.1% -0.1% 1.2% -0.4% 0.2% 93.8 107.3 85.2 11.6% 13.1% 651.3b 4.20%

(Source: Reuters-FXstreet-DailyFX- Tradingeconomics-forexfactory, Research: @LukmanLoeng,@ErwinRiset)




SSIamZ6 (Nikkei Dec Futures) – Last Trading Date: 12 Dec. 2016

 Koreksi berlanjut setelah gagal bertahan di atas area 18500  Koreksi hadapi support jangka pendek di 18200 (Research – @ErwinRiset)

DATE

OPEN

HIGH

LOW

RANGE

CLOSE

SETTLE

02 Dec SSIpmZ6 02 Dec SSIamZ6 01 Dec SSIpmZ6 01 Dec SSIamZ6 30 Nov SSIpmZ6 30 Nov SSIamZ6 29 Nov SSIpmZ6 29 Nov SSIamZ6 28 Nov SSIpmZ6 28 Nov SSIamZ6

18340 18450 18430 18585 18375 18370 18285 18250 18315 18355

18410 18475 18580 18750 18660 18390 18450 18335 18360 18375

18245 18310 18395 18415 18355 18285 18285 18230 18215 18210

165 165 185 335 305 105 165 105 145 165

18365 18320 18425 18420 18600 18375 18355 18280 18280 18310

--18320 --18420 --18375 --18280 --18310

WEEKLY

DECEMBER

CHANGE          

% CHANGE

VOLUME

0.25 0.54 0.03 0.24 1.22 0.52 0.41 0.16 0.16 0.35

24380 62977 27095 87724 32728 39794 20381 34790 19007 51686

45 100 5 45 225 95 75 30 30 65

NOVEMBER

2016

HIGH

LOW

HIGH

LOW

HIGH

LOW

HIGH

LOW

18750 (01/Dec)

18210 (28/Nov)

18750 (01/Dec)

18245 (02/Dec)

18660 (30/Nov)

16095 (09/Nov)

18945 (04/Jan)

14770 (12/Feb)

ANALYSIS & RECOMMENDATION RESISTANCE

SUPPORT

RECOMMENDATION

18945

High 04/Jan/2016

18750

Peak level (1-H chart)

18580

Reaction high (1-H chart)

18475

Reaction high (1-H chart)

18200

Pivot line (1-H chart)

18150

Reaction low (1-H chart)

18050


17920


BUY

----

SELL

18430

STOP LOSS

18510

TARGET


18210 18140



KSZ6 (Kospi Dec Futures) – Exp. Date: 08 Dec. 2016

 Koreksi sedang uji area lowerline of symmetrical triangle di 252.30, setelah hit day low di 252.25  Koreksi hadapi level support berikutnya di 251.70, 250.80 (Research – @ErwinRiset)

DATE

OPEN

HIGH

LOW

RANGE

CLOSE

SETTLE

CHANGE

% CHANGE

VOLUME

02 Dec 01 Dec 30 Nov 29 Nov 28 Nov 25 Nov

253.40 254.55 253.05 253.15 252.30 252.80

253.95 255.05 254.95 253.65 253.50 253.00

252.25 253.85 253.00 252.55 250.80 251.90

1.70 1.20 1.95 1.10 2.70 1.10

252.65 254.20 254.15 252.80 253.15 252.20

252.65 254.20 254.15 252.80 253.15 252.20

 1.55  0.05  1.35  0.35  0.95  0.25

0.61 0.02 0.53 0.14 0.38 0.10

113773 88278 132948 100954 103150 84697

WEEKLY

DECEMBER

NOVEMBER

2016

HIGH

LOW

HIGH

LOW

HIGH

LOW

HIGH

LOW

255.05 (01/Dec)

250.80 (28/Nov)

255.05 (01/Dec)

252.25 (02/Dec)

257.45 (09/Nov)

246.80 (09/Nov)

262.50 (08/Sep)

223.10 (20/Jan)

ANALYSIS & RECOMMENDATION

RESISTANCE

SUPPORT

RECOMMENDATION

257.45

High 09/Nov/2016 (Peak)

255.65

High 10/Nov/2016

255.05

High 01/Dec/2016

253.95

High 02/Dec/2016

251.70

Pivot line (1-H chart)

250.80


249.25


248.80


BUY

----

SELL

253.15

STOP LOSS

254.10

TARGET


251.40 250.50



HSIZ6 (Hang Seng Dec Futures) – Exp. Date: 29 December 2016

 Rebound berkembang setelah mampu bertahan di atas area crucial support di 22500  Rebound hadapi area resistance di 22750 – 23000  Target uptick di 23250 (Research – @ErwinRiset)

DATE

OPEN

HIGH

LOW

RANGE

CLOSE

SETTLE

02 Dec 01 Dec 30 Nov (HSIZ6) 29 Nov (HSIZ6) 29 Nov (HSIX6) 28 Nov 25 Nov

22766 22898 22813 22751 22737 22700 22629

22766 23018 22929 22871 22830 22978 22788

22532 22852 22776 22700 22690 22691 22560

234 166 153 171 140 287 228

22575 22894 22822 22804 22795 22784 22730

22575 22893 22822 22804 22790 22784 22730

WEEKLY

DECEMBER

CHANGE       

% CHANGE

VOLUME

1.39 0.32 0.08 0.02 0.05 0.24 0.55

90471 92553 90672 93968 16582 125030 143118

319 72 18 4 11 54 125

NOVEMBER

2016

HIGH

LOW

HIGH

LOW

HIGH

LOW

HIGH

LOW

23018 (01/Dec)

22532 (02/Dec)

23018 (01/Dec)

22532 (02/Dec)

23286 (01/Nov)

21904 (09/Nov)

24374 (09/Sep)

18217 (12/Feb)

ANALYSIS & RECOMMENDATION

RESISTANCE

SUPPORT

RECOMMENDATION

23286

High 02/Nov/2016 (Reaction high)

23211

High 02/Nov/2016

23152

High 09/Nov/2016 (Peak)

23018

High 01/Dec/2016

22691

Low 28/Nov/2016

22560

Low 25/Nov/2016

22467

Reaction low (1-D chart)

22300

Pivot line (1-D chart)

BUY

22775

SELL

----

STOP LOSS

22680

TARGET


23025 23105

ASIA AND GLOBAL MARKET SPOT PRICE 2016

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