Thursday, November 20, 2014

21 November 2014

HSI Futures

The Dow and S&P 500 finished at record highs on Thursday as data showed further strength in the U.S. economy and Intel gave an upbeat forecast.

Hong Kong shares posted a fourth day of losses on Thursday since the launch of the landmark Shanghai-Hong Kong stock connector scheme.

Plan A : Above 23476, do nothing
Plan B : Below 23194, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23374
Plan D : Cut above 23476
Plan E : Consider buying if market holds firm above 23194 and triggers a buy
Plan F : Cut below 23194


FKLI

Market consolidated yesterday with some slight weakness as market trying hard to stay above 1820. Buyers will have to be careful if market were to break below 1820 today.

Holding short
Plan A : 1802-1826, do nothing
Plan B : Above 1826, cover position
Plan C : Below 1802, consider taking profit
Plan D : Consider intraday buy if market test and holds firm above 1809
Plan E : Cut below 1802


FCPO

FCPO consolidated for most of the day yesterday with buyers and sellers both fighting it out to be the winner. Market could continue open slightly higher today but sustainability of it would be questioned. 

Plan A : Consider selling if market fails to break above 2237
Plan B : Cut above 2250
Plan C : Attempt buying if market holds firm above 2216 and rebounds
Plan D :Cut below 2203


*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

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