Thursday 8 October 2015

Hang Seng Index closed +3.13%

Target reached! 

Hang Seng Index managed to hold above 22000 and closed @ 22515.76 (+684.14), with the turnover of $108.67 billion, an amount not seen in a month. The lowest for the day was 21817.42 in the morning and market went as high as 22527.79 in the afternoon. October futures contract closed +709@ 22473, range of the day between 21755-22492 (737). 

Dow Jones last seen +27.99 @ 16818.18. For tomorrow's HSI, we think it'll test a higher level, resistant 22800. Downside support--22180.

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