25 September 2014

HSI Futures

U.S. stocks jumped in a broad advance on Wednesday, with the S&P 500 snapping a three-day losing streak and climbing back above a key technical level in a move that pointed to improving near-term momentum.

Hong Kong shares ended higher for the first time this week on Wednesday lifted by a stronger China market, with investor sentiment recovering after better-than-expected Chinese manufacturing activity.

Plan A : Above 24039, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23949
Plan D : Cut above 24039
Plan E : Consider intraday buying only if market holds firmly above 23805 and triggers a buy
Plan F : Cut below 23660


FKLI

Market was seen weak but it successfully hold above 1826 before settling at 1830 for yesterday's close. Firmer overnight markets could lift up the sentiments a little today, especially if market were to hold firmly above 1826 and surge beyond 1833

Plan A : Consider intraday long if market were to open and stay firm above 1833
Plan B : Cut below 1826
Plan C : Selling to be attempted if market fails to breach or stay firm above 1840
Plan D : Cut above 1843



FCPO

FCPO shown a strong rebound over the past 2 days after correction at 2064. Market has a possibility to continue with the upside, reaching 2200 level. Dalian and soybean oil are performing well and FCPO also open higher as expected.

Plan A : Long term and intraday buyer may buy if market could support above 2150. Target is 2248 and 2312.
Plan B : Seller could try selling if 2180 could not break. Target is 2154.
Plan C : Above 2190, 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