24 February 2014

HSI Futures

U.S. stocks slipped on Friday on options-related trading, with the S&P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm.

Hong Kong's Hang Seng Index rebounded on Friday, led by a 2.8 percent gain for Tencent Holdings and posting its second-straight weekly gain ahead of a slew of corporate earnings results next week.

Plan A : Above 22690, do nothing
Plan B : Below 22374, do nothing
Plan C : Consider selling if market once again opens high but fails to break above 22690
Plan D : Cut above 22751
Plan E : Consider buying if market opens low but supported well above 22374 and triggers a buy
Plan F : Cut below 22297


FKLI

FKLI surged temporary to a high of 1845 last Friday before retracing and hovered around 1830-1835 throughout the day. Market look likely to further consolidate within the range of 1822-1845 for the time being

Plan A : Attempt buying if market opens low but supports well above 1826
Plan B : Cut below 1820
Plan C : Selling can only be considered if market attempts to break above 1835-1836 but fail
Plan D : Cut above 1842


FCPO

Crude palm oil has rallied on a firm basis where it corrected itself every time the market is boosted. Weather has been in a dry condition that may affect the yield and output of the product in the coming data. Long term view is still an upside for crude palm oil. Do not discount for short term correction.

Plan A : Overnight buyer may hold on to position if 2739 is supported. Profit target is 2812.
Plan B : Long term seller may want to avoid the market unless market come near and could not break 2800.
Plan C : Intraday investor could try to buy if 2728 is supported and sell if 2758 could not break. 
Plan D : Above 2770, do nothing. 
Plan E : Below 2720, 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