26 September 2014

HSI Futures

U.S. stocks ended with sharp losses on Thursday, with the S&P 500 suffering its biggest one-day decline since July, as Apple tumbled and the dollar rose to a four-year high.

Hong Kong shares skidded to their lowest close in more than 9 weeks on Thursday, fuelled by selling on concerns over unrest in the territory as pro-democracy activists prepare for a major protest in their "Occupy Central" campaign on Oct. 1.

Plan A : Above 23950, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 23950
Plan D : Cut above 24111
Plan E : Consider buying if market stays firm above 23660 and triggers a buy
Plan F : Cut below 23660


FKLI

Market successfully defended above 1833 but failed short of breaching above 1840 yesterday. Market is expected to take over from Dow with negative tone today. Failure to hold above 1833 would likely see market diving to a new recent low level.

Plan A : Attempt selling if market breaks below 1833
Plan B : Cut above 1840
Plan C : No buying to be attempted till market stabilized


FCPO

FCPO tipped at 2207 during the second session and settled at 2197. Market is on its way for an uptrend channel and today it experienced some turbulence as Dalian and soybean oil is down. 

Plan A : Overnight buyer hold on to position. Support is looking at 2159. Target is 2248.
Plan B : Intraday investor might buy if 2159 is supported. Target is 2212.
Plan C : Seller stay out.
Plan D : Above 2220, do nothing.
Plan E : Below 2050, 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