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Asia-Pacific Market Pre-Market Analysis

June 24, 202609:45 AM LocalReal-Time Market Data
Hang Seng (HSI)
23,769
-0.65%
TAIEX (Taiwan)
47,742
+2.75%
Straits Times (STI)
5,204
+0.22%
Volatility Index — CBOE VIX
19.5% Moderate
Hang Seng (HSI)
Strong Bearish
23,769
-0.65%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (30.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (24,897), shifting short-term structure to defensive. RSI at 30 signals oversold conditions — the selling may be exhausted, creating a mean-reversion setup. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Our 31-strategy scoring model ranks Long Put as the highest-conviction play at 86%.
Support / Resistance
Support23,445
Resistance26,845
Moving Averages
21-day SMA24,921
50-day SMA25,585
100-day SMA25,874
200-day SMA25,984
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 30.1 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)26,845
23.6%26,042
38.2%25,546
50.0%25,145
61.8%24,744
78.6%24,172
Low (100.0%)23,445
Extensions
ExtensionPrice
Ext 1.13 (Up)27,287
Ext 1.272 (Up)27,770
Ext 1.618 (Up)28,946
Ext 1.13 (Dn)23,003
Ext 1.272 (Dn)22,520
Ext 1.618 (Dn)21,344
Trade Setup
Entry
23,769
Stop Loss
24,033
Take Profit
23,240
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put86%
Buy OTM Put
Put Ratio Backspread86%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread83%
Buy Put + Sell lower Put
TAIEX (Taiwan)
Strong Bullish
47,742
+2.75%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (44,897), maintaining the positive short-term trend channel. The 61 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. Across the full 31-strategy universe, Long Call captures the highest score at 86%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support34,951
Resistance47,871
Moving Averages
21-day SMA44,772
50-day SMA41,622
100-day SMA37,330
200-day SMA32,255
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)47,871
23.6%44,822
38.2%42,936
50.0%41,411
61.8%39,886
78.6%37,716
Low (100.0%)34,951
Extensions
ExtensionPrice
Ext 1.13 (Up)49,551
Ext 1.272 (Up)51,386
Ext 1.618 (Up)55,856
Ext 1.13 (Dn)33,271
Ext 1.272 (Dn)31,437
Ext 1.618 (Dn)26,966
Trade Setup
Entry
47,742
Stop Loss
46,989
Take Profit
49,247
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
Straits Times (STI)
Strong Bullish
5,204
+0.22%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (58.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (5,074), the asset maintains its bullish price structure — dip-buying remains the high-probability play. The oscillator at 59 reflects sustained buying interest — bulls control the momentum channel. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. The structured approach identifies Long Call at 93% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support4,854
Resistance5,226
Moving Averages
21-day SMA5,073
50-day SMA5,012
100-day SMA4,969
200-day SMA4,737
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 58.5 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)5,226
23.6%5,138
38.2%5,084
50.0%5,040
61.8%4,996
78.6%4,933
Low (100.0%)4,854
Extensions
ExtensionPrice
Ext 1.13 (Up)5,274
Ext 1.272 (Up)5,327
Ext 1.618 (Up)5,456
Ext 1.13 (Dn)4,805
Ext 1.272 (Dn)4,753
Ext 1.618 (Dn)4,624
Trade Setup
Entry
5,204
Stop Loss
5,164
Take Profit
5,283
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call93%
Buy OTM Call
Call Ratio Backspread93%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread90%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.