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Saturday, September 6, 2008

Regional Indices - Support Levels?

One global expert said watch the follow support levels:

SSE – 2312, if break then 2047

Hang Seng Index – 20102, if break then 17913

Nikkei – 12449, if break then 12011

Gold – 778, if break then 773, 740, 734, 714, 665, 650

“What is happening in Asia is a forerunner of what is coming to US and European markets. If you are informed on Asian markets you can have an informed view on the global decoupling story so beloved by economists that Asian savings and consumption will take up the slack created by a US slowdown.” John Needham

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