27 October 2014

HSI Futures

U.S. stocks closed out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola in the United States.

Hong Kong shares finished lower on Friday, dragged down by weak Chinese property data and corporate results from major companies.

Plan A : Above 23460, do nothing
Plan B : Below 23123, do nothing
Plan C : Consider selling if market remains trading below 23247
Plan D : Cut above 23460
Plan E : Attempt buying if market bottomed out above 23123 and triggers a buy
Plan F : Cut below 23123


FKLI

Market continued its surge up last Friday before settling at 1812.5 for the close. Market will likely hold above 1800 level for the time being. Any retracement would be seen as an opportunity to buy

Plan A: Attempt buying near 1809 level
Plan B : Cut below 1803
Plan C : Consider intraday sell if market test 1825 but fails to break through
Plan D : Cut above 1828


FCPO

FCPO exerted with selling pressure last Friday after tipping at 2194. Soybean oil and Dalian are trading weak and this may have a negative impact on the opening price. 

Plan A : Overnight buyer hold on to position. Support is looking at 2143. Target is 2271.
Plan B : Intraday investor may trade sideway with range 2153 to 2182.
Plan C : Above 2190, do nothing.
Plan D : 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