Drive confident decisions with simple, actionable trading plans.

CWG and Trading Central launched The Analyst Views is the world’s only financial market research solution offering the unique and invaluable combination of senior analyst expertise and automated algorithms. Our proprietary pattern recognition is constantly monitoring the market to offer you trading plans based on award-winning methodologies.

S&P/NZX 50S&P/NZX 50

20211026 22:51

media
S&P/NZX 50 ST: the downside prevails as long as 13272.13 is resistance

13272.13 is our pivot point.

Our preference: the downside prevails as long as 13272.13 is resistance.

Alternative scenario: above 13272.13, look for 13439.03 and 13537.60.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. S&P/NZX 50 stands below its 20 and 50 period moving average (respectively at 13115.94 and 13124.72).

Supports and resistances:

13537.60 **

13439.03 *

13272.13 **

13207.73

13075.41 last

12870.99

12772.98 **

12674.96 *

12575.64 **

S&P/NZX ALLS&P/NZX ALL

20211026 22:51

media
S&P/NZX ALL ST: short term rebound towards 2173.72

Our pivot point stands at 2094.27.

Our preference: short term rebound towards 2173.72.

Alternative scenario: the downside breakout of 2094.27 would call for 2067.84 and 2052.18.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. S&P/NZX ALL is trading under both its 20 and 50 period moving average (respectively at 2121.14 and 2128.40).

Supports and resistances:

2205.19 **

2189.45 *

2173.72 **

2157.77

2116.10 last

2104.64

2094.27 **

2067.84 *

2052.18 **

Dax (Eurex)Dax (Eurex)

20211026 21:36

media
Dax (Eurex) (Z1) intraday: as long as 15681 is support look for 15862

Our pivot point stands at 15681.00.

Our preference: as long as 15681 is support look for 15862.

Alternative scenario: below 15681, expect 15613 and 15573.

Comment: the RSI is above 50. The MACD is positive and below its signal line. Prices could retrace in the short term. Dax (Eurex) (Z1) is below its 20 period moving average (15739) but above its 50 period moving average (15682).

Supports and resistances:

15943.00 **

15902.00 *

15862.00 **

15822.00

15738.00 last

15707.00

15681.00 **

15613.00 *

15573.00 **

SGX MSCI SingaporeSGX MSCI Singapore

20211026 21:36

media
SGX MSCI Singapore (V1) intraday: the downside prevails as long as 371.10 is resistance

371.10 is our pivot point.

Our preference: the downside prevails as long as 371.10 is resistance.

Alternative scenario: the upside breakout of 371.10, would call for 372.90 and 374.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. SGX MSCI Singapore (V1) stands below its 20 and 50 period moving average (respectively at 370.30 and 369.89).

Supports and resistances:

374.00 **

372.90 *

371.10 **

370.35

369.65 last

367.50

366.40 **

365.30 *

364.25 **

Straits TimesStraits Times

20211026 21:37

media
Strait Times Index intraday: the upside prevails as long as 3195.70 is support

Our pivot point is at 3195.70.

Our preference: the upside prevails as long as 3195.70 is support.

Alternative scenario: the downside breakout of 3195.70 would call for 3185.30 and 3179.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Strait Times Index is trading above both its 20 and 50 period moving average (respectively at 3200.07 and 3200.13).

Supports and resistances:

3240.10 **

3233.90 *

3227.70 **

3221.40

3206.65 last

3199.80

3195.70 **

3185.30 *

3179.00 **


Please visit the Client Zone for more Analyst Views

x

WARNING and please be advised:

It has come to our attention that a number of unauthorised firms /individuals have cloned our website content, logo and social media pages of CWG Markets Limited. Please be advised that these unauthorised firms have also been contacting consumers via various messaging apps such as WhatsApp, Facebook, Wechat.It should be noted that there is no connection whatsoever between the CWG Markets Limited, an authorised firm, and the unauthorised entities/ individuals that have cloned our details. If you’ve been scammed or contacted by an unauthorised firm / individuals – or a firm you suspect is not legitimate – you can report to us [email protected]

CFDs (Contract For Difference) are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks and take appropriate care to manage your own risk. Please read our Risk Disclosure carefully.