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EQUITY TECHS

E-MINI S&P (M2): Corrective Bounce

SCANDIS

NOKSEK nearing key support

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Bears Need Close Below 200-DMA.....>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: Bears Need Close Below 200-DMA
*RES 4: Krw1157.9 - Monthly High July 6
*RES 3: Krw1154.3 - Low July 7 now resistance
*RES 2: Krw1152.4 - 100-WMA
*RES 1: Krw1150.0 - High Sept 28
*PRICE: Krw1145.4 @ 2200GMT
*SUP 1: Krw1142.1 - 200-DMA
*SUP 2: Krw1137.5 - High Sept 26 now support
*SUP 3: Krw1133.0 - High Sept 25 now support
*SUP 4: Krw1129.8 - 55-DMA
*COMMENTARY: A gapping move higher and bullish close Thursday saw bullish
confidence boosted and bulls now focused on tests of July highs. Daily studies
have a little room to move but the Bollinger top (Krw1145.0) remains the key
concern with potential to limit follow through. Bears still need a close below
the 200-DMA to ease bullish pressure and below Krw1137.5 to shift focus lower.
Bulls look for a close above the 100-WMA to add support to their case.

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