US dragged down HSI

DJIA closed down 179.85 at 17730.48 on Monday closing. Following US, Hang Seng Index opened almost 200 points gap down this morning.

The cash market closed at 22401.70 at the end of the day, down 325.07. As for November futures, opened at 22430, highest reached 22467. Market went further down in the afternoon, lowest touched 22243 and closed at 22372 (-236).

Depending on how DJIA close tonight. We see 22000 as crucial support, upside resistant 22500, next level 22800.

There is no KLCI Index today, as it is Deepavali holiday in Malaysia.