3 December 2014

HSI Futures

U.S. stocks rose on Tuesday as energy stocks led the S&P 500 and Dow, while Biogen's rally on news about an experimental treatment for Alzheimer's disease topped gains at the Nasdaq.

China stocks had their best day in more than a year on Tuesday, as speculation of further policy easing boosted financial services stocks on the mainland and Hong Kong.

Plan A : Above 23812, do nothing
Plan B : Below 23384, do nothing
Plan C : Consider intraday sell if market surge but fails to break above 23812
Plan D : Cut above 23996
Plan E : Attempt buying if market holds firm above 23531
Plan F : Cut below 23384


FKLI

Market made a strong recovery after touching an intraday low of 1757 early of the day. Bargain hunting were aggressive with investors snapping up beaten down shares. 

Plan A : Attempt buying as long as market stays above 1778
Plan B : Cut below 1774
Plan C : Consider selling only if market test 1806 and fails to break through
Plan D : Cut above 1810


FCPO

FCPO had dead cat bounce yesterday to high of 2147 with narrow intraday range. Overnight soybean oil and Dalian markets are trading weak and this might cause a gap down during the opening hour.

Plan A : Overnight seller hold on to position. Resistance is 2136. Target is 2045.
Plan B : Intraday investor might sell if market could rebound and resisted near 2111. Do not sell too far from resistance. Target is 2083.
Plan C : Buyer stay out of market.
Plan D : Above 2140, do nothing.
Plan E : Below 2100, 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