Thursday, August 28, 2014

29 August 2014

HSI Futures

U.S. stocks edged lower on Thursday after the latest tension between Ukraine and Russia snapped the focus of investors back to the volatile region, but U.S. economic data helped curb losses.

Hong Kong's benchmark index finished at a two-week low in choppy conditions on Thursday, hurt by continued weakness in the Chinese onshore market and poor corporate earnings.

Plan A : Below 24578, do nothing
Plan B : Above 24890, do nothing
Plan C : Consider buying if market gaps down but holds firm above 24578
Plan D : Cut below 24530
Plan E : Attempt selling if market rebounds but fails to break above 24890
Plan F : Cut above 24980


FKLI

Market managed to hold firm in a day where trading range was tight. Buyers can continue to hold on to their position as long as market stays firm above 1869.5

Holding a long
Plan A : 1869.5-1882, do nothing
Plan B : Below 1869.5, liquidate
Plan C : Above 1882, consider taking profits
Plan D : Intraday selling can be considered if market fails to break above 1882
Plan E : Cut above 1887.5


FCPO
FCPO continue to trade on selling pressure yesterday and it is not surprised if today it could do the same thing again. Market is still on selling mode but the price is too low for investor to sell to the market. In fact, buying could be riskier as market has not shown any sign of recovery at this stage. Therefore, long term investor might want to stay out 'till next trend.


Plan A : Intraday investor might range trade at 1947 to 2001.
Plan B : Long term buyer may stay out.
Plan C : Fresh seller may stay out.
Plan D : Above 2010, do nothing.
Plan E : Below 1940, 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, August 27, 2014

28 August 2014

HSI Futures

U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results.

Hong Kong shares finished lower on Wednesday, hit by afternoon session losses as investors took profit on recent outperformers and sold shares in companies with weak earnings.

Plan A : Above 25186, do nothing
Plan B : Below 24781, do nothing
Plan C : Consider selling if market gaps up but fails to break above 25186
Plan D : Cut above 25282
Plan E : Attempt buying if market supported above 24781 and triggers a buy again
Plan F : Cut below 24781


FKLI

Market made a very strong push to 1881.5 yesterday's morning before settling at 1876. Buying momentum kicked in amid stronger Ringgit. Market will remain firm as long as it stays above 1870

Plan A : Attempt buying if market stays firm above 1874
Plan B : Cut below 1869
Plan C : Consider intraday sell if market fails to break above 1882
Plan D : Cut above 1887.5


FCPO

FCPO had a strong rebound during the opening hour to high of 2052, however, the upside was not sustainable and it eventually slipped to low of 1973. Ringgit is holding firm at 3.14 against the greenback which limits the upside of the market. 
Plan A : Overnight seller may exit anytime, however, if you are still holding, resistance is 2020. Target is looking at 1947 and 1895.

Plan B : Fresh seller may stay out.
Plan C : Intraday investor could trade within range of 1947 to 1997.
Plan D : Buyer may wait to react. No trade for today.
Plan E : Above 2020, do nothing.
Plan F : Below 1940, 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, August 26, 2014

27 August 2014

HSI Futures

U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy.

Hong Kong's benchmark share index finished lower on Tuesday, as weakness in a few heavyweight stocks cancelled out strength in oil companies.

Plan A : Above 25281, do nothing
Plan B : Below 24905, do nothing
Plan C : Consider intraday sell if market fails to break above 25281
Plan D : Cut above 25398
Plan E : Attempt buying if market corrects but holds firm above 24905
Plan F : Cut below 24781


FKLI

Market testing the 1958 level before rebounding to close at 1863.5 yesterday in a day where selling pressure were seen. Market however, stand a chance of rebounding today if it were to stand firm above 1863

Plan A : Consider buying if market stays firm above 1858
Plan B : Cut below 1853
Plan C : Attempt selling if market fails to break above 1869.5
Plan D : Cut above 1872


FCPO

FCPO stabilized after a sharp dive on Monday. So far market has moved down South for some time and seller should be cautious of any possible rebound. By looking at Dalian and soybean oil market, market has high chance to gap up in the morning.

Plan A : Overnight seller may consider to take profit today. Resistance is looking at 2058. Target 1984.
Plan B : Fresh seller may stay out of market.
Plan C : Buyer may enter if support at 1984 could hold on tight. Target is 2111 and 2163.
Plan D : Intraday investor could range trade within 2058 to 2012.
Plan E : Above 2070, do nothing.
Plan F : Below 2000, 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, August 25, 2014

26 August 2014

HSI Futures

The S&P 500 was unable to hold the 2,000 mark after moving above the milestone level for the first time on Monday, but still managed to close at a record high, buoyed by financials and biotechnology stocks.

Hong Kong's benchmark index finished at a new more-than-six-year high on Monday, reversing midday losses as financial and energy companies strengthened on corporate earnings.

Plan A : Above 25281, do nothing
Plan B : Below 24905, do nothing
Plan C : Consider intraday sell if market fails to break above 25281
Plan D : Cut above 25398
Plan E : Attempt buying if market corrects but holds firm above 24905
Plan F : Cut below 24781


FKLI

Market continued to face selling pressure despite firmer regional markets. However, all hopes are not gone yet as long as market stays firm above 1858. 

Plan A : Attempt selling if market fails to break above 1869.5
Plan B : Cut above 1872
Plan C : Consider buying if market holds firm above 1858 and rebounds
Plan D : Cut below 1853


FCPO

FCPO dived to 1954 which is the all time low yesterday and it eventually rebounded to 2030 at closing. It might not be wrong for seller to take some profit at this point. 

Plan A : Overnight seller may hold on to position. Resistance is looking at 2058. Target is looking at 1964.
Plan B : Fresh seller stay out of market.
Plan C : Buyer may need to wait for market to stabilize before making the call. Recommended not to trade today.
Plan D : Above 2050, do nothing.
Plan E : Below 1950, 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, August 24, 2014

25 August 2014

HSI Futures

Stocks ended mostly lower on Friday as Ukraine-Russia tensions reignited and remarks from Federal Reserve Chair Janet Yellen failed to give investors any clues on interest rate hikes.

Hong Kong shares rose on Friday, tracking gains in the U.S. after upbeat economic data sparked a record close on Wall Street.

Plan A : Above 25186, do nothing
Plan B : Below 24781, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 25186
Plan D : Cut above 25281
Plan E : Consider buying if market holds firm above 24781 and triggers a buy
Plan F : Cut below 24781

FKLI

Market gave up during second session of last Friday's trading before settling near day's low level at 1866. Market will be shaky today if market fails to hold firm above 1863. Failure to find its footing above 1869.5 would also prompt buyers to be cautious.

Plan A : Consider selling if market fails to break above 1869.5
Plan B : Cut above 1873.5
Plan C : Attempt buying if market holds firmly above 1863
Plan D : Cut below 1858


FCPO

FCPO continued to head down south with market failing to hold above 2000 level last Friday. Today's market could be the same once again today as bean and dalian trending down.

Plan A : Attempt selling if market fails to rebound above 2015
Plan B : Cut above 2039
Plan C : Consider intraday buy only if market supported above 1957
Plan D : Cut below 1930


*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, August 21, 2014

22 August 2014

HSI Futures

U.S. stocks ended higher on Thursday, with the S&P 500 at a record after a flurry of positive economic data, as investors hoped for signs from an annual meeting of central bankers that interest-rate hikes are not imminent.

Hong Kong's benchmark share index posted its biggest daily loss in two weeks on Thursday, after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, triggering broad profit-taking on recent gains.

Plan A : Above 25151, do nothing
Plan B : Below 24781, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 25151
Plan D : Cut above 25281
Plan E : Consider buying if market holds firm above 24781 and triggers a buy
Plan F : Cut below 24781


FKLI

Market hovered around the 1872-1875 level for most of the time yesterday before closing near day's low. Market might be the same today with buyers and sellers both fighting it out. 

Holding a long
Plan A : 1869-1880, do nothing
Plan B : Below 1869, liquidate
Plan C : Above 1880, consider taking profits
Plan D : Consider intraday selling if market fails to break above 1876
Plan E : Cut above 1880


FCPO

Market triggered another new low yesterday before settling at 2039. Sentiment was definitely beaten with bearish mode kicked in. Failure to find its way above 2043 today would likely see market trending below 2000 level anytime soon.

Plan A : Attempt selling if market fails to break above 2061 in its rebound
Plan B : Cut above 2071
Plan C : Consider intraday buy if market supports firmly above 2013
Plan D : Cut below 2001



*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, August 20, 2014

21 August 2014

HSI Futures

U.S. stocks ended mostly higher on Wednesday, with the S&P 500 just missing a record close, after minutes from the Federal Reserve's July meeting gave investors reason to believe that the central bank is in no rush to raise interest rates.

Hong Kong Hang Seng Index edged up to a new six-year closing high on Wednesday, underpinned by strong global markets and upbeat corporate earnings. China's manufacturing PMI will be released at 9.45am with market anticipating an expansion of 51.5 for the month of August. 

Plan A : Above 25186, do nothing
Plan B : Below 24831, do nothing
Plan C : Consider intraday sell if market gaps up but fails to break above 25186
Plan D : Cut above 25273
Plan E : Attempt buying if market corrects and holds firm above 24831
Plan F : Cut below 24766


FKLI

Market surged in a day where another high volume achieved in the cash market but cautious mode kicked in after several speculative counters were seen facing heavy selling pressure in the afternoon. Buyers might want to be cautious in anticipation of broader sell down if the selling pressure affect blue chip counters as well. 

Holding a long
Plan A : 1864-1880, do nothing
Plan B : Below 1866, liquidate
Plan C : Above 1880, consider take profits
Plan D : Consider intraday sell if market fails to break above 1880 today
Plan E : Cut above 1884


FCPO

FCPO triggered another new low yesterday amid weak bean. Market could recover slightly for the opening but sustainability would be questioned. Market must at least hold firm above 2045 to have any chance of finding a bottom around this level.

Plan A : Attempt selling if market fails to break above 2072
Plan B : Cut above 2082
Plan C : Consider buying if market corrects but find a bottom and supported above 2045
Plan D : Cut below 2031



*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, August 19, 2014

20 August 2014

HSI Futures

U.S. stocks ended higher for the second straight session on Tuesday, as robust housing data and strong earnings from Dow component Home Depot overshadowed lingering concerns about the conflict in Ukraine.

Hong Kong shares ended at more than six-year highs on Tuesday, in a catch-up to strong global markets and buoyed by strength in property companies. Focus will turn to tomorrow's China manufacturing PMI release at 9.45am. 

Plan A : Above 25186, do nothing
Plan B : Below 24831, do nothing
Plan C : Consider intraday sell if market gaps up but fails to break above 25186
Plan D : Cut above 25273
Plan E : Attempt buying if market corrects and holds firm above 24831
Plan F : Cut below 24766


FKLI

Market performed fairly well yesterday despite last minute sell down from 1871.5 to 1867.5. Market will have to regain its throne above 1871 today in order to have stronger push towards the 1890 level next.

Holding a long
Plan A : 1864-1880, do nothing
Plan B : Below 1864, liquidate
Plan C : Above 1880, consider take profits
Plan D : Consider intraday sell if market fails to break above 1874.5 today
Plan E : Cut above 1880


FCPO

Market proven to be weak after failing to hold above 2080. With market failing to hold above 2087, there is a possibility that market could dive towards the 1957 level in the near future. Buyers should continue to remain sideline till market bottomed out. 

Plan A : Attempt selling if market fails to break above 2081
Plan B : Cut above 2095
Plan C : No buying to be attempted unless market finds a bottom near 1957 level
Plan D : Cut below 1938



*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, August 18, 2014

19 August 2014

HSI Futures

U.S. stocks surged on Monday, with the Nasdaq closing at a 14-year high as increasing home builder confidence and hopes for receding tensions in Russia gave investors reasons to make bigger bets on the equity market.

Hong Kong shares ended flat on Monday, dampened by weakness in the property and financial sectors after China released weak home prices and foreign direct investment (FDI) data.

Plan A : Above 24999, do nothing
Plan B : Below 24766, do nothing
Plan C : Consider intraday sell if market surges but fails to break above 24999
Plan D : Cut above 25186
Plan E : Attempt buying if market corrects but stays firm above 24766 and triggers a buy again
Plan F : Cut below 24662


FKLI

Market continued to hold firm despite some last minute scare. Buyers should feel more secured today after overnight Dow posted a 175-points gain.

Holding a buy
Plan A : 1856.5-1871, do nothing
Plan B : Below 1856.5, liquidate
Plan C : Above 1871, consider taking profits first it couldn't hold firm
Plan D : Intraday sell can only be considered if market surges but fails to break above 1871
Plan E : Cut above 1874


FCPO

Market run fairly flat yesterday with range tied between 2083-2098. Market may want to look for a bottom after coming down all the way from 2916. Buying however, should not be rushed until there's a clearer conviction that market has bottomed out.

Plan A : Consider long if market holds firm above 2080
Plan B : Cut below 2068
Plan C : Attempt sell if market fails to break above 2102
Plan D : Cut above 2113



*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, August 17, 2014

18 August 2014

HSI Futures

U.S. stocks ended mixed on Friday, paring an earlier selloff sparked by reports of Ukraine shelling a Russian armored column.

Hong Kong's benchmark index closed at its highest level since November 2010 on Friday, pushed up by index heavyweight China Mobile after official media said the telecom giant would increase investment in instant messaging service Fetion. On the economic front, UK and U.S. CPI data will be due to released tomorrow. 

Plan A : Above 24999, do nothing
Plan B : Below 24766, do nothing
Plan C : Consider intraday sell if market surges but fails to break above 24999
Plan D : Cut above 25186
Plan E : Attempt buying if market corrects but stays firm above 24766 and triggers a buy again
Plan F : Cut below 24662


FKLI

Market did performed fairly well last Friday as it hold firm above 1860 amid stronger Ringgit. It could open little changed today but undertone of the market should be improved after last Friday's performance

Holding a buy
Plan A : 1856.5-1871, do nothing
Plan B : Below 1856.5, liquidate
Plan C : Above 1871, consider taking profits first it couldn't hold firm
Plan D : Intraday sell can only be considered if market surges but fails to break above 1871
Plan E : Cut above 1874


FCPO

CPO continued to tumble amid strong Ringgit and weak beans. Market is expected to open gap down once again today with buyers preparing for the worst. Do not attempt to catch this falling knife as the bottom has yet to be seen

Plan A : Attempt selling if market ever rebounds to 2105-2110 level today
Plan B : Cut above 2120
Plan C : No buying to be attempted until market finds its bottom


*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, August 14, 2014

15 August 2014

HSI Futures

U.S. stocks advanced on Thursday after conciliatory comments from Russia helped ease concerns about escalation of the conflict in Ukraine and offset some uninspiring earnings.

Hong Kong shares finished lower on Thursday, with investors taking profits on Chinese energy firms and companies that posted strong earnings.

Plan A : Above 24999, do nothing
Plan B : Below 24662, do nothing
Plan C : Consider intraday selling if market gaps up but fails to break above 24999
Plan D : Cut above 25186
Plan E : Attempt buying if market corrects further but stays firm above 24662
Plan F : Cut below 24530


FKLI

Market did retraced after touching an intraday high of 1864 but support at 1855 seems to be firm for now. Buyers could continue holding on to their position as long as market stays above 1855

Holding long
Plan A : 1855-1871, do nothing
Plan B : Below 1855, liquidate
Plan C : Above 1871, consider taking profits first
Plan D : Intraday sell can be considered if market surge but fails to break above 1864
Plan E : Cut above 1871


FCPO

FCPO continue to dive to low of 2115 breaking last year low of 2137. Regional competitive substituents are also trading down, therefore, it is not surprised to see market tumble down during the opening hour.

Plan A : Overnight seller hold on to position. Resistance is looking at 2166. Target price is looking at 2103.
Plan B : Fresh seller stay out of market.
Plan C : Buyer need to wait. No trade for today.
Plan D : Above 2170, 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

Wednesday, August 13, 2014

14 August 2014

HSI Futures

U.S. stocks ended higher on Wednesday, with the Dow Jones industrial average returning to positive territory for the year, as surging biotech shares helped investors shrug off disappointing retail sales data.

Hong Kong's benchmark share index finished at its highest in more than 3-1/2 years on Wednesday, rebounding from midday losses rooted in weak data that sparked worry about the sustainability of China's economic recovery. GDP figures for Germany, Euro-zone and also UK will be released today and tomorrow respectively.

Plan A : Above 24999, do nothing
Plan B : Below 24530, do nothing
Plan C : Consider intraday sell if market gaps up but fails to break above 24999
Plan D : Cut above 25186
Plan E : Attempt buying if market corrects but holds firm above 24662
Plan F : Cut below 24530


FKLI

Market did a remarkable recovery and closed at near day's high level of 1860. It must continue to hold firm above 1855 today if it were to convince buyers that market is back in the limelight.

Holding a long
Plan A : Between 1855-1871, do nothing

Plan B : Below 1855, liquidate
Plan C : Above 1871, consider taking profits first if it retrace after a higher opening
Plan D : Intraday sell can only be considered if market fails to break above 1871
Plan E : Cut above 1875


FCPO
FCPO rebounded to 2201 and it started to dive again to 2163 and closed at 2176 yesterday. Regional competitive substituents are trading down quite tremendously, therefore, investor might expect a gap down during opening hour. 


Plan A : Overnight seller hold on to position. Resistance is looking at 2182. Target price is looking at 2137 and 2095.
Plan B : Intraday seller may attempt to sell if market could not break 2175. Target is 2137.
Plan C : Buyer may stay out today.
Plan D : Above 2190, do nothing.
Plan E : 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

Tuesday, August 12, 2014

13 August 2014

HSI Futures

U.S. stocks ended lower on Tuesday, snapping a two-day rally as energy shares tumbled on sliding oil prices. The pullback occurred on light volume typical of mid-August.

Hong Kong's benchmark share index reversed midday losses and finished higher on Tuesday, as strength in two leading technology firms outweighed weakness among financial stocks.

Plan A : Above 24736, do nothing
Plan B : Below 24446, do nothing
Plan C : Attempt selling if market surge but fails to break above 24644
Plan D : Cut above 24736
Plan E : Consider buying if market corrects and holds firm above 24446
Plan F : Cut below 24324


FKLI

Market trying to find a bottom around the 1845 level for now eventhough it failed to breach above 1851. Trading range could be tight once again today unless there's any convincing break out from here

Plan A : Attempt selling if market fails to break above 1852
Plan B : Cut above 1855
Plan C : Consider buying if market stays firm above 1845
Plan D : Cut below 1842


FCPO


FCPO continue to trade below 2200 yesterday with new low of 2162 during opening hour. Market is still trending down in overall view with ringgit holding at 2.19 against the greenback. 

Plan A : Overnight seller may hold on to position. Resistance is looking at 2198. Target is looking at 2158 and 2103.
Plan B : Intraday investor could attempt selling if resistance 2198 is not broken. Target price is 2158.
Plan C : Buyer may stay out of market.
Plan D : Above 2210, do nothing.
Plan E : 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

Monday, August 11, 2014

12 August 2014

HSI Futures

U.S. stocks ended higher on Monday, extending the rally from Friday as investors hoped that Russia's move to send humanitarian aid to Ukraine would ease tensions between the two countries.

Hong Kong shares posted solid gains on Monday with property leading the advance, helped by stronger Chinese mainland bourses as the Shanghai benchmark index closed at its highest in eight months. Japan GDP figures will be released tomorrow with weak numbers expected. 

Plan A : Above 24644, do nothing
Plan B : Below 24446, do nothing

Plan C : Consider intraday sell if market fails to break above 24644
Plan D : Cut above 24736
Plan E : Attempt buying if market corrects and holds firm above 24446
Plan F : Cut below 24324


FKLI

Market attempted a rebound yesterday but so far it has been mild as it fails to break above 1850. Market might try for further recovery today but failure to break above 1855 would continue to have investors staying cautious for the time being. 

Plan A : Attempt selling if market fails to break above 1853
Plan B : Cut above 1855
Plan C : Consider buying if market stubbornly holds above 1843
Plan D : Cut below 1839


FCPO

FCPO resume with selling action and visited the year low of 2174. Investor might expect market to open lower as regional competitive substituents are trading at negative net change.

Plan A : Overnight seller might want to hold on to your position, taking resistance at 2205. Target is looking at 2158 and 2103.
Plan B : Fresh seller may sell if market rebounded and could not break 2205. Target is 2158.
Plan C : Buyer may stay out of market.
Plan D : Above 2210, do nothing.
Plan E : 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

29 April 2024 Foreign

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