Tuesday, December 30, 2014

31 December 2014

HSI Futures

U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major indexes from record levels, while the trend of modest moves and low volume continued heading into the final trading day of the year.

Hong Kong shares finished lower on Tuesday as growing uncertainties at home and abroad dampened investor sentiment. Investors are worried about fallout from months of pro-democracy protests on the local economy while political uncertainties in Greece sapped appetite for risk taking at the year-end.

Plan A : Above 23818, do nothing
Plan B : Below 23413, do nothing
Plan C : Attempt selling if market stays below 23565
Plan D : Cut above 23818
Plan E : Intraday buy to be considered only if market holds above 23413 and rebounds
Plan F : Cut below 23361


FKLI

Market started to show signs of lethargic yesterday as selling were seen more aggressive. It could partly due to buyers taking profits ahead of the New Year's Day holiday. Failure to regain footing above 1765 would likely see more selling ahead. 

Plan A : Attempt selling if market rebounds but fails to break above 1765
Plan B : Cut above 1771
Plan C : Wait for further correction before considering to go long, possibly around the 1736.5 level
Plan D : Cut below 1730.5


FCPO

Market is set for a flat opening today with mixed signals from bean n Ringgit. Some slight weakness kicked in towards the end of yesterday's trading. Another tight range trading can be expected today with lower volume.

Plan A : Consider selling if market fails to break above 2296
Plan B : Cut above 2308
Plan C : Attempt buying if market corrects but holds firm above 2236
Plan D : Cut below 2204



HAPPY NEW YEAR TO ALL LOYAL 

FOLLOWERS! Wishing you a New Year that

brings luck and prosperity! 



*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment



Monday, December 29, 2014

30 December 2014

For those who has subscribed with us for the trading signal. We will start on Monday, 5 January 2015. Signal will be given if market deviated from the initial plan or we entered a position. 



HSI Futures

U.S. stocks were little changed in thin trading on Monday as the S&P 500 notched its latest record high, but gains were curbed when an early rally in energy prices lost momentum.

Hong Kong shares finished higher on Monday, underpinned by a positive outlook on markets in both the mainland and overseas.

Plan A : Above 23897, do nothing
Plan B : Below 23629, do nothing
Plan C : Consider intraday sell if market fails to break above 23897
Plan D : Cut above 23957
Plan E : Attempt buying if market holds firm above 23629
Plan F : Cut below 23565


FKLI

Market hold firm in a day where rollover activities dominated. Market look likely to hold firm for the remainder of the year after coming back strongly from a weaker opening. Any slight retracement could represent opportunity to buy.

Plan A : Consider buying if market holds firm above 1765
Plan B : Cut below 1758
Plan C : Intraday sell can be considered if market surges but fails to break above 1780
Plan D : Cut above 1788


FCPO

FCPO had a quiet day yesterday after the gap up sensation. Dalian and soybean oil markets are trading at positive net change, whereas Ringgit further weaken at RM 3.50 against the greenback.

Plan A : Overnight buyer hold on to position. Support is looking at 2254. Target is 2335.
Plan B : Intraday investor may range trade within 2272 to 2308.
Plan C : Above 2300, do nothing.
Plan D : Below 2270, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Sunday, December 28, 2014

29 December 2014

HSI Futures

U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out for the Christmas holiday.

China stocks closed up on Friday led by strength in the financial sector, with analysts saying that investors were still chasing financial shares after reports China is planning measures to further ease liquidity conditions for banks.

Plan A : Above 23565, do nothing
Plan B : Below 23197, do nothing
Plan C : Attempt buying if market holds firm above 23361
Plan D : Cut below 23197
Plan E : Consider intraday sell if makrket fails to break above 23565
Plan F : Cut above 23629


FKLI

Market could have found its temporary resistance last Friday before settling at 1763.5. Market will have to surge and hold firm above 1769 today if it were to continue its rally. The missing plane of AirAsia though, could dampen any hope of fierce rally today. Cautious trading to be expected today.

Plan A : Attempt selling if market fails to break above 1769
Plan B : Cut above 1780
Plan C : Consider intraday buy if market were to hold firm above 1755
Plan D : Cut below 1750


FCPO

FCPO had mild correction before it continued to surge up to high of 2252. Dalian and soybean oil markets trading positively strong, therefore, investor might expect gap up during opening.

Plan A : Overnight buyer hold on to position. Support is 2193 and 2238. Target is 2335.
Plan B : Intraday investor may sell if market open around 2300. Target is 2238 and 2250.
Plan C : Above 2300, do nothing.
Plan D : Below 2250, do nothing.   



*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Thursday, December 25, 2014

26 December 2014

FKLI

U.S. stocks closed flat in a short session on Wednesday as investors found few reasons to push major indexes to their sixth straight day of gains despite strength in biotechs and bullish labor market data. FKLI faced fierce selling after opening high but still managed to close at 1748.5 before going into Christmas Day holiday. 

Plan A : Attempt selling if market fails to break above 1758.5
Plan B : Cut above 1764
Plan C : Consider buying if market were to dip but holds firmly above 1736
Plan D : Cut below 1732


FCPO

Market was sold down towards the eleventh hour last Wednesday. Market is expected to open lower today, moving in tandem with overnight bean. However, losses could be limited with weak Ringgit dominating the market.

Plan A : Attempt buying if market hold firm above 2198
Plan B : Cut below 2185
Plan C : Consider intraday sell if market fails to break above 2210
Plan D : Cut above 2226


  *Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment


Tuesday, December 23, 2014

24 December 2014

HSI Futures

U.S. stocks rose on Tuesday, with the Dow closing above 18,000 for the first time ever and the S&P 500 ending at a record after an unexpectedly strong report on economic growth.

Hong Kong shares edged down on Tuesday, erasing gains from the morning session, dragged down by the financial sector. Hong Kong market's fall largely stemmed from tumbles on mainland markets, which had their worst day in two weeks. The Shanghai Composite index lost 3 percent. Hong Kong markets will only open for half day today in conjunction with Christmas Eve holiday. 

Plan A : Above 23565, do nothing
Plan B : Below 23197, do nothing
Plan C : Attempt buying if market holds firm above 23361
Plan D : Cut below 23197
Plan E : Consider intraday sell if makrket fails to break above 23565
Plan F : Cut above 23629


FKLI

Market continued to hold steady with 1758.5 as the next immediate target. However, buyers will have to be extra cautious if market fails to hold above 1745 today.

Plan A : Attempt selling if market test but fails to break above 1758.5
Plan B : Cut above 1764
Plan C : Consider buying if market holds firm above 1745
Plan D : Cut below 1739


FCPO

Weak Ringgit and improved bean spurred FCPO buying. Market could continue to push higher if it were to hold firm above 2197. Sellers should be cautious especially if market were to hold firmly above 2202 today.

Plan A : Consider buying around 2202 level
Plan B : Cut below 2185
Plan C : Intraday selling to be considered only if market were to test 2236 but fails to breach through
Plan D : Cut above 2245


Merry Christmas to ALL loyal followers!! 

Have a blessed celebration!! 


  *Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Monday, December 22, 2014

23 December 2014

HSI Futures

U.S. stocks rose for a fourth straight session on Monday, with both the Dow and S&P 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names.

China stocks closed up on Monday in volatile trade as electrical utilities rose and banks spiked, but gains were capped by news that the stock regulator was investigating a group of small-cap shares. In Hong Kong, Dalian Wanda Commercial Properties will make its trading debut today while Japanese markets are shut for Emperor's birthday holiday.

Plan A : Above 23565, do nothing
Plan B : Below 23197, do nothing
Plan C : Attempt buying if market holds firm above 23361
Plan D : Cut below 23197
Plan E : Consider intraday sell if makrket fails to break above 23565
Plan F : Cut above 23629


FKLI

Market continued its surge in a day where buying signal was triggered. Market look likely to challenge next resistance at 1758.5 if it were to hold firm above 1740 today.

Plan A: Consider selling if market fails to break above 1758.5
Plan B: Cut above 1764
Plan C : Attempt buying if market were to hold firm above 1740
Plan D : Cut below 1732


FCPO

FCPO had quiet day yesterday with tight range of 22 points. Ringgit further weaken today to RM3.49 against the greenback, limiting the downside of the market.

Plan A : Seller may sell if market could not break 2178. Target is 2159 and 2140.
Plan B : Buyer could continue to buy if market could support above 2159. Target is 2178 and 2216.
Plan C : Above 2180, do nothing.
Plan D : Below 2150, do nothing.  

  *Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Sunday, December 21, 2014

22 December 2014

HSI Futures

U.S. stocks extended gains for a third session on Friday, giving the S&P 500 its best weekly performance in nearly two months as energy shares continued to rebound.

Hong Kong shares finished up on Friday, climbing for a second day heartened by the prospect that U.S. interest rates will stay low for a while.

Plan A : Above 23262, do nothing
Plan B : Below 22928, do nothing
Plan C : Consider intraday sell if market surges but fails to break above 23262
Plan D : Cut above 23428
Plan E : Attempt buying if market continue to hold firm above 23100
Plan F : Cut below 22928


FKLI

Market was seen firm being going into weekend holiday last Friday. Market is expected to open little changed today with buyers hoping for further recovery in the market.

Plan A : Consider buying if market holds firm above 1710
Plan B : Cut below 1706
Plan C : Attempt selling if market once again fails to break above 1720 today
Plan D : Cut above 1725


FCPO

FCPO closed within the consolidation range last Friday and with Ringgit weakening at RM 3.48 today, market opened higher during opening. 

Plan A : Intraday investor may sell if market could not break 2174. Target 2147. 
Plan B : Buyer may buy if market stabilized at 2155. Target is 2194.
Plan C : Above 2180, do nothing.
Plan D : Below 2140, do nothing.
  *Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Thursday, December 18, 2014

19 December 2014

HSI Futures

U.S. stocks surged on Thursday, extending a Federal Reserve-fueled rally from the previous session and giving the S&P 500 its best two-day advance in three years.

Hong Kong shares finished up on Thursday, snapping five consecutive days of losses, underpinned by a rally on Wall Street.

Plan A : Above 22929, do nothing
Plan B : Below 22595, do nothing
Plan C : Consider selling if market rebounds but fails to break above 22929
Plan D : Cut above 23262
Plan E : Attempt intraday buy if market stays firm above 22694
Plan F : Cut below 22595


FKLI

Market made a remarkable recovery yesterday, gaining 29-points for the close. Market is expected to continue its surge today, possibly standing firm above 1710 level.

Plan A : Attempt buying if market holds firm above 1710 level
Plan B : Cut below 1700
Plan C : Consider selling if market rebounds but fails to break above 1725
Plan D : Cut above 1737


FCPO

FCPO had mere commotion 'till the last closing hour with high of 2163 and low of 2135. Signals are still quite mixed at the moment but market is quite overbought, there might be a chance for seller.  

Plan A : Seller and intraday investor may sell if market could rebound and resisted near 2151. Target is 2103, 2083 and 2050.
Plan B : Buyer may stay out today. 
Plan C : Above 2160, do nothing.
Plan D : Below 2130, do nothing.



  *Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Wednesday, December 17, 2014

18 December 2014

HSI Futures

The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates.

Hong Kong's main share index finished down slightly on Wednesday as a rally in financial firms failed to offset slumping service and information technology shares.

Plan A : Above 22729, do nothing
Plan B : Below 22497, do nothing
Plan C : Attempt selling if market fails to break above 22595
Plan D : Cut above 22729
Plan E : Consider intraday buy if market holds firm above 22497 and rebounds
Plan F : Cut below 22290


FKLI

Market made a strong rebound to an intraday high level of 1695.5 before retracing to 1678.5 for the close yesterday. Market seems like bottoming out temporary especially if market were to hold firm above 1681 today.

Plan A : Consider buying if market holds firmly above 1681
Plan B : Cut below 1671
Plan C : Attempt selling only if market rebounds and fails to break above 1704
Plan D : Cut above 1710


FCPO

FCPO rebounded yesterday with recent low of 2103 and high of 2136. Market went wild within the narrow range and eventually closed at 2131. Ringgit started to rebound against the greenback at RM3.47, this may give way to the market to move down further.

Plan A : Overnight seller hold on to position. Resistance pegged at 2159. Target is 2083 and 2056.
Plan B : Intraday investor sell if market resisted at 2140. Target is 2103.
Plan C : Buyer stay out of market.
Plan D : Above 2150, do nothing.
Plan E : Below 2120, do nothing. 

  *Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Tuesday, December 16, 2014

17 December 2014

HSI Futures

U.S. stocks fell for a third day in a volatile session Tuesday, led by declines in consumer discretionary and technology shares, while another drop in the Russian rouble added to worries about the global economy.

Hong Kong shares finished down on Tuesday, ignoring a rally on mainland exchanges that saw the Shanghai Composite Index break back above 3,000, considered a key psychological resistance level.

Plan A : Above 22847, do nothing
Plan B : Below 22611, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 22730
Plan D :Cut above 22992
Plan E : Consider intraday buy if market holds firm above 22611 and rebounds
Plan F : Cut below 22511


FKLI

Market continued its slump with cash market closing at day's low level yesterday. In the absence of good news, FKLI potentially could test the 1655.5 level anytime this week. Failure to hold above would further accelerate the selling pressure. 

Plan A : Wait for rebound to sell, possibly around 1682 level
Plan B : Cut above 1692
Plan C : Consider intraday buy only if market test 1655.5 and rebounds strongly
Plan D : Cut below 1639


FCPO


FCPO may extend losses today as Dalian and soybean oil markets are showing sign of weakness. Ringgit started to rebound against the greenback at RM 3.48.  

Plan A : Overnight seller hold on to position. Resistance is 2151.  Target is 2083 and 2056.
Plan B : Intraday investor may sell if market could rebound and resisted at 2131. Target is 2083.
Plan C : Buyer stay out of market.
Plan D : Above 2130, do nothing.
Plan E : Below 2100, do nothing.


 
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Monday, December 15, 2014

16 December 2014

We received recommendation from readers whether we could share trade signal for the markets. After discussion and arrangement with the team, we come to conclusion that we will be updating first 10 readers for free in January. To subscribe, please email us at futures.coin@gmail.com your mobile number with watsapp service. This will be on first come first served basis.


HSI Futures

U.S. stocks ended lower in a volatile session on Monday as oil prices extended their selloff, adding to worries about weak global demand.

Hong Kong shares finished down on Monday despite a late afternoon rally on mainland indexes, as Hong Kong investors sold off China-related financials and real estate names. HSBC's flash PMI data for China is due at 9.45am this morning with figure forecasted at 49.8 vs previous month's reading of 50.0.

Plan A : Above 23228, do nothing
Plan B : Below 22729, do nothing
Plan C : Consider selling if market fails to break above 23100
Plan D : Cut above 23228
Plan E : Consider intraday buy if market holds firm above 22847 and rebounds
Plan F : Cut below 22729


FKLI

Market tumbled heavily yesterday, breaking below 1700 level before settling at 1704.5 for the day. Selling pressure is expected to stay for the time being. Failure to hold above 1691 would trigger more long liquidation along the way.

Plan A : Attempt selling if market fails to break above 1707
Plan B : Cut above 1711
Plan C : Consider buying only if market dives towards 1655.5 level and holds firm
Plan D : Cut below 1639


FCPO

FCPO continue to move side-way within range of 2188 to 2154. Dalian and soybean oil markets trading slightly weak in the morning session, therefore, investor might expect market to open lower during opening hour.

Plan A : Intraday investor might sell if market could not break 2176. Target is 2119.
Plan B : Buyer may stay out until market stabilizes.
Plan C : Above 2180, do nothing.
Plan D : Below 2140, do nothing. 


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment





Sunday, December 14, 2014

15 December 2014

HSI Futures

U.S. stocks fell sharply on Friday, leaving the benchmark S&P 500 with its worst weekly performance since May 2012, as investors pulled back from the markets in response to oil's free-fall and more weak data out of China.

Hong Kong shares edged down on Friday as investors stayed cautious, with some worrying that good U.S. retail data will cause the Federal Reserve to starting raising interest rates not too far into 2015.

Plan A : Above 23463, do nothing
Plan B : Below 23130, do nothing
Plan C : Attempt selling if market stays below 23228
Plan D : Cut above 23463
Plan E : Consider intraday buy if market stays firm above 23130
Plan F : Cut below 22992


FKLI

Market closed at day's low level of 1725 last Friday, right above its immediate support of 1724. However, market is expected to dive today after Friday's Dow lost 315-points. Asian markets are expected to face selling pressure in the morning.

Plan A : Attempt selling around 1720-1724 level
Plan B : Cut above 1732
Plan C : No buying to be attempted for the time being


FCPO

FCPO still hovered around the consolidation range without any break through. Weakening ringgit has limit the downside of the market. Therefore, there might not be too much of a plunge. On the other hand, the daily low price is getting higher over the past one week which formed support to the market outlook. 

Plan A : Intraday investor may sell if market could not break 2190. Target is 2167 and 2151.
Plan B : Buyer may buy if market could support above 2167. Target is 2225 and 2246.
Plan C : Above 2190, do nothing.
Plan D : Below 2160, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Thursday, December 11, 2014

12 December 2014

HSI Futures

U.S. stocks rose on Thursday as upbeat retail sales figures and other U.S. data pointed to a strengthening economy and lifted optimism about consumer spending.

Hong Kong shares finished lower on Thursday weighed down by weakness in both China and overseas markets.

Plan A : 23228-23463, do nothing
Plan B : Consider long if market stays firm above 23463
Plan C : Cut below 23228
Plan D : Attempt selling if market stays below 23228
Plan E : Cut above 23463


FKLI

Market dived at the eleventh hour after failing to stay firm above 1856.5 earlier. Market will have any chance of recovery today after overnight Dow closed positive but market must stay resilient above 1852 if it were to overturn its bearish mode.

Plan A : Consider intraday buy if market stays firm above 1742
Plan B : Cut below 1732
Plan C : Attempt selling if market surge but fails to break above 1752
Plan D : Cut above 1756.5


FCPO

Market tipped at 2199 yesterday indicating buy signal at charts. However, there is still possibility of market hovering at range consolidation range. 2199 to 2225 could be the higher end of the consolidation range. Uptrend is yet to be confirmed until market starts breaking the resistance.  


Holding buy position 
Plan A : Overnight buyer hold on to position. Support is looking at 2175. Target is 2225 and 2246.
Plan B : Intraday investor may buy if market could support above 2175. Target is 2225.
Plan C : Above 2200, do nothing.
Plan D : Below 2170, do nothing.
Plan E : Seller may need to wait. Will update later if market has sell signal. 

To get signal, follow our blog and you will get updated live trade from us.


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Wednesday, December 10, 2014

11 December 2014

We track market on a daily basis and we adjust our planning according to the market movement. It is very vital for traders to adapt and react to changes. We thank you for your support to our blog and it gives us more motivation to continue writing. We have privatized group that gets our first hand info on trading especially some changes to plan during trading hour. If you are interested, please drop us an email at futures.coin@gmail.com for further detail. On the other hand, please follow us at our blog at our blog http://futurescoin.blogspot.com/ as we will be updating our live trades ie. entry and exit prices for a month. Happy trading.


HSI Futures

U.S. stocks lost more than 1 percent on Wednesday in the S&P 500's biggest decline since Oct. 13 as another big drop in oil prices hammered energy shares.

Hong Kong shares finished slightly higher on Wednesday, erasing morning losses, following a rebound on mainland markets from the previous day's plunge.

Plan A : Above 23727, do nothing
Plan B : Below 23228, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23657 and triggers a sell
Plan D : Cut above 23727
Plan E : Consider intraday buy if market holds firm above 23463 and triggers a buy
Plan F : Cut below 23228


FKLI

Market performed a remarkable rebound yesterday, gaining 30-points for the close. Market however, could be dragged by weak overnight Dow today. A lower opening can be expected with failure to hold above 1756 which potentially trigger more selling activities.

Plan A : Attempt selling if market fails to hold above 1756
Plan B : Cut above 1769
Plan C : Consider intraday buy if market dives towards 1724 but holds firm
Plan D : Cut below 1720


FCPO - Holding buy at 2165 (Support at 2157 and 2147)

FCPO moved right up after recorded the low at 2119 two days ago. Though market has shown buy signal at charts, an uptrend is yet to be confirmed unless resistances are breached. Otherwise, high possibility that market might jump back to consolidation range of 2100 to 2200. 

Plan A : Seller may sell if market could not break 2189. Target is 2102.
Plan B : Overnight buyer may hold on unless support at 2161 is breached or market could not break 2189 and 2200. Target is 2225 and 2246. 
Plan C : Above 2200, do nothing.
Plan D : Below 2160, do nothing. 


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

29 April 2024 Foreign

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