27 June 2014

HSI Futures

U.S. stocks ended slightly lower on Thursday after the president of the Federal Reserve Bank of St. Louis said interest-rate increases should come sooner rather than later.

Hong Kong's benchmark index had its best day in 1-1/2 months on Thursday, with investors upbeat on hopes that hikes in U.S. interest rates will be delayed after a surprisingly poor reading on the economy for the first quarter.

Plan A : Above 23305, do nothing
Plan B : Below 22919, do nothing
Plan C : Consider selling if market surge but fails to break above 23305
Plan D : Cut above 23477
Plan E : Attempt buying if market stays firm above 23026
Plan F : Cut below 22919


FKLI

Market closed at day's high level of 1892.5 after rebounded from a low of 1885.5. Market looked firm despite some minor profit taking activities

Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1903.5, consider taking profits first
Plan D : Intraday selling can only be considered if market surge but fails to break above 1903.5
Plan E : Cut above 1907


FCPO

It was a disappointing day for FCPO yesterday as it tumbled from 2502 and settled at almost day's low. Market must at least stays above 2453 today in order to avoid any further selling. Failure to hold might see market tumble to 2439 and 2418 next. 

Plan A : Attempt buying if market stays firm above 2453 and rebounds
Plan B : Cut below 2439
Plan C : Consider intraday selling if market test 2489 but fails to break through
Plan D : Cut above 2505



*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