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