2 January 2015

HSI Futures

U.S. stocks fell on Wednesday ascrude oil prices continued their descent, but the S&P closed out a third straight year of double-digit gains.

China stocks climbed to near 5-year highs on the last trading day of the year, as mainland markets ended the year up more than 50 percent - the best annual performance by a major global stock market in 2014 after years spent in the basement. China, Japan and Taiwan remain shuttered for the holiday season today. 

Plan A : Above 23818, do nothing
Plan B : Below 23413, do nothing
Plan C : Attempt selling if market trades below 23632
Plan D : Cut above 23818
Plan E : Consider buying if market test and rebounds from 23413
Plan F : Cut below 23361


FKLI

Market started to tumble in the afternoon after failing to hold above 1762 level. Market look likely to open lower today and possibly testing support level of 1736 in the near future. Market must hold firm above this level to avoid inflow of more selling pressure.

Plan A : Attempt selling if market rebounds but fails to break above 1758.5
Plan B : Cut above 1764
Plan C : Consider buying if market rebounds from 1736
Plan D : Cut below 1730


FCPO

Weak bean is going to dictate morning opening price today. Market look likely to open lower today, possibly 2250 level. Failure to regain footing above 2268 would entice more selling today.

Plan A : Consider selling if market fails to rebound above 2268
Plan B : Cut above 2286
Plan C : Attempt buying only if market corrects but holds firm above 2210
Plan D : Cut below 2191



*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