14 January 2015

HSI Futures

U.S. stocks ended down slightly in a volatile session on Tuesday, led by a drop in materials and energy shares following further weakness in commodity prices.

Hong Kong shares rose for the fifth consecutive day on Tuesday, helped by inflows from investors who like the plan by Asia's richest man, Li Ka-shing, to split his conglomerate into two listed companies.

Holding long
Plan A : 24066-24417, do nothing
Plan B : Below 24066, liquidate
Plan C : Above 24417, consider taking profits first if it couldn't hold firm
Plan D : Consider turning sell only if market fails to break above 24329 and triggers a sell
Plan E : Cut above 24417


FKLI

Market performed a remarkable turnaround yesterday, rebounding from a low of 1722 before settling at 1743.5. Market could face some profit taking selling today but will still be deemed firm as long as it holds firm above 1735.

Plan A : Attempt long if market corrects and holds firm above 1735
Plan B : Cut below 1729
Plan C : Consider selling only if market surges towards 1758 but fails to breach through
Plan D : Cut above 1765


FCPO

FCPO ended slightly lower yesterday due to last minute pull down before market closed. Dalian and soybean oil markets are quite mixed while weaker Ringgit limits the downside of the market. Market is likely to consolidate for the mean time.

Plan A : Intraday investor may range trade within 2383 to 2324.
Plan B : Short term seller may sell if market come near but could not break 2400. Target is 2334.
Plan C : Short term buyer may buy market could support above 2320. Target is 2393.
Plan D : Above 2400, do nothing.
Plan E : Below 2320, 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