24 December 2014

HSI Futures

U.S. stocks rose on Tuesday, with the Dow closing above 18,000 for the first time ever and the S&P 500 ending at a record after an unexpectedly strong report on economic growth.

Hong Kong shares edged down on Tuesday, erasing gains from the morning session, dragged down by the financial sector. Hong Kong market's fall largely stemmed from tumbles on mainland markets, which had their worst day in two weeks. The Shanghai Composite index lost 3 percent. Hong Kong markets will only open for half day today in conjunction with Christmas Eve holiday. 

Plan A : Above 23565, do nothing
Plan B : Below 23197, do nothing
Plan C : Attempt buying if market holds firm above 23361
Plan D : Cut below 23197
Plan E : Consider intraday sell if makrket fails to break above 23565
Plan F : Cut above 23629


FKLI

Market continued to hold steady with 1758.5 as the next immediate target. However, buyers will have to be extra cautious if market fails to hold above 1745 today.

Plan A : Attempt selling if market test but fails to break above 1758.5
Plan B : Cut above 1764
Plan C : Consider buying if market holds firm above 1745
Plan D : Cut below 1739


FCPO

Weak Ringgit and improved bean spurred FCPO buying. Market could continue to push higher if it were to hold firm above 2197. Sellers should be cautious especially if market were to hold firmly above 2202 today.

Plan A : Consider buying around 2202 level
Plan B : Cut below 2185
Plan C : Intraday selling to be considered only if market were to test 2236 but fails to breach through
Plan D : Cut above 2245


Merry Christmas to ALL loyal followers!! 

Have a blessed celebration!! 


  *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