HSI Futures
The Nasdaq resumed its recent advance on Thursday after deal news in the technology sector, while the Dow and S&P 500 dipped as energy shares sank with oil prices.
Hong Kong shares finished up on Thursday after a strong rally on Chinese markets, but underperformed mainland boards as Hong Kong investors sold off selected heavyweights in real estate, information technology and gaming giant Sands China, seen as hurt by China's anti-corruption campaign.
Plan A : Above 24952, do nothing
Plan B : Below 24703, do nothing
Plan C : Attempt selling if market fails to break above 24952 and triggers a sell
Plan D : Cut above 24952
Plan E : Consider buying if market holds firm above 24814
Plan F : Cut below 24703
FKLI
Market touched an intraday high of 1823.5 before selling at 1818.5. Market is expected to range between 1812-1823.5 if there's no fresh leads from other regional markets.
Plan A : Consider intraday sell if market surge but fails to break above 1823.5
Plan B : Cut above 1830
Plan C : Attempt buying if market holds firm above 1815
Plan D : Cut below 1812
FCPO
FCPO continue to move up yesterday to high of 2284 and later closed at 2276. Market signalling some buying at charts and it is yet to be confirmed by the performance today. Dalian and soybean oil are slightly up while Ringgit trading around RM 3.60 against the greenback.
Plan A : Intraday investor may buy if market could support above 2261 and 2252. Target is 2312.
Plan B : Seller may sell if market could not sustain above 2286. Target is 2252 and 2219.
Plan C : Above 2290, do nothing.
Plan D : Below 2270, 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
Thursday, February 26, 2015
Wednesday, February 25, 2015
26 February 2015
HSI Futures
The S&P 500 closed down and the Nasdaq snapped a 10-session winning streak on Wednesday as investors took profits in Apple shares, while the Dow eked out another record high close.
Hong Kong shares erased early gains to finish flat, with investors shrugging off better-than-expected China industrial data that only partly alleviates concerns about slowing growth in the world's second-largest economy. Focus will be on tonight's UK's GDP results and also U.S. CPI data for January.
March contract
Plan A : Above 24879, do nothing
Plan B : Below 24632, do nothing
Plan C : Attempt selling if market stays below 24742 and triggers a sell
Plan D : Cut above 24879
Plan E : Consider buying if market rebounds from 24632 and triggers a buy again
Plan F : Cut below 24632
FKLI
Market turned a little sluggish after retracing from an intraday high level of 1821.5. Market might consolidate between 1801.5-1818 level if there's no fresh lead from regional markets.
Plan A : Consider selling if market fails to break above 1818
Plan B : Cut above 1823.5
Plan C : Attempt buying if market were to retrace but holds firm above 1801.5
Plan D : Cut below 1794.5
FCPO
FCPO rebounded to high of 2276 but unsustainable after an exertion of selling pressure later in the afternoon. Dalian and overnight soybean oil are up and market might open higher later. Ringgit strengthen slightly at RM 3.60 against the greenback.
Plan A : Overnight seller exited market yesterday. If you have not, resistance today is 2276. Exit today if market stay firm above 2250.
Plan B : Short term seller and intraday investor may sell if market could rebound and resisted around 2276. Target is 2219 and 2171.
Plan C : Buyer stay out today.
Plan D : Above 2280, do nothing.
Plan E : Below 2240, 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
The S&P 500 closed down and the Nasdaq snapped a 10-session winning streak on Wednesday as investors took profits in Apple shares, while the Dow eked out another record high close.
Hong Kong shares erased early gains to finish flat, with investors shrugging off better-than-expected China industrial data that only partly alleviates concerns about slowing growth in the world's second-largest economy. Focus will be on tonight's UK's GDP results and also U.S. CPI data for January.
March contract
Plan A : Above 24879, do nothing
Plan B : Below 24632, do nothing
Plan C : Attempt selling if market stays below 24742 and triggers a sell
Plan D : Cut above 24879
Plan E : Consider buying if market rebounds from 24632 and triggers a buy again
Plan F : Cut below 24632
FKLI
Market turned a little sluggish after retracing from an intraday high level of 1821.5. Market might consolidate between 1801.5-1818 level if there's no fresh lead from regional markets.
Plan A : Consider selling if market fails to break above 1818
Plan B : Cut above 1823.5
Plan C : Attempt buying if market were to retrace but holds firm above 1801.5
Plan D : Cut below 1794.5
FCPO
FCPO rebounded to high of 2276 but unsustainable after an exertion of selling pressure later in the afternoon. Dalian and overnight soybean oil are up and market might open higher later. Ringgit strengthen slightly at RM 3.60 against the greenback.
Plan A : Overnight seller exited market yesterday. If you have not, resistance today is 2276. Exit today if market stay firm above 2250.
Plan B : Short term seller and intraday investor may sell if market could rebound and resisted around 2276. Target is 2219 and 2171.
Plan C : Buyer stay out today.
Plan D : Above 2280, do nothing.
Plan E : Below 2240, 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
Tuesday, February 24, 2015
25 February 2015
HSI Futures
U.S. stocks closed higher on Tuesday, with the Dow and S&P 500 hitting records, as investors attempted to interpret a subtle change in emphasis in testimony by Federal Reserve Chair Janet Yellen.
A six-session winning streak for Hong Kong stocks ended on Tuesday, as HSBC Plc and casino shares sank while some investors locked in gains ahead of major 2014 earnings reports later this week.
Plan A : Above 24952, do nothing
Plan B : Below 24664, do nothing
Plan C : Consider selling if market opens higher but fails to break above 24815
Plan D : Cut above 24952
Plan E : Attempt buying if market continues to hold firm above 24703
Plan F : Cut below 24592
FKLI
Market continued to head north after successfully holding above 1801.5 level. Surge could continue today. A firm close above 1823.5 would prompt sellers to cover their short and hence push market even higher.
Plan A : Attempt buying if market holds firm above 1812
Plan B : Cut below 1808
Plan C : Consider selling if market surge but fails to break above 1830
Plan D : Cut above 1836
FCPO
FCPO touched the low at 2216 and rebounded swiftly during the second session with high of 2259. Dalian had a bad start after the long holiday reacting to the recent plunge in crude palm oil while soybean oil is slightly down. Ringgit remains sluggish at RM 3.62 against the greenback.
Plan A : Overnight seller might need to be patient this round. Resistance is 2264. Target is 2159.
Plan B : Short term investor may sell at rebound. Resistance is 2264 and 2259. Target is 2210.
Plan C : Buyer may stay out today.
Plan D : Above 2260, do nothing.
Plan E : Below 2240, 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
U.S. stocks closed higher on Tuesday, with the Dow and S&P 500 hitting records, as investors attempted to interpret a subtle change in emphasis in testimony by Federal Reserve Chair Janet Yellen.
A six-session winning streak for Hong Kong stocks ended on Tuesday, as HSBC Plc and casino shares sank while some investors locked in gains ahead of major 2014 earnings reports later this week.
Plan A : Above 24952, do nothing
Plan B : Below 24664, do nothing
Plan C : Consider selling if market opens higher but fails to break above 24815
Plan D : Cut above 24952
Plan E : Attempt buying if market continues to hold firm above 24703
Plan F : Cut below 24592
FKLI
Market continued to head north after successfully holding above 1801.5 level. Surge could continue today. A firm close above 1823.5 would prompt sellers to cover their short and hence push market even higher.
Plan A : Attempt buying if market holds firm above 1812
Plan B : Cut below 1808
Plan C : Consider selling if market surge but fails to break above 1830
Plan D : Cut above 1836
FCPO
FCPO touched the low at 2216 and rebounded swiftly during the second session with high of 2259. Dalian had a bad start after the long holiday reacting to the recent plunge in crude palm oil while soybean oil is slightly down. Ringgit remains sluggish at RM 3.62 against the greenback.
Plan A : Overnight seller might need to be patient this round. Resistance is 2264. Target is 2159.
Plan B : Short term investor may sell at rebound. Resistance is 2264 and 2259. Target is 2210.
Plan C : Buyer may stay out today.
Plan D : Above 2260, do nothing.
Plan E : Below 2240, 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
Monday, February 23, 2015
24 February 2015
HSI Futures
The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple , while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down energy shares.
Hong Kong shares ended little changed on Monday, with gains in Tencent Holdings offsetting weakness in casino operators and oil firms and as most investors stuck to the sidelines awaiting major corporate earnings later in the week.
Plan A : Above 25096, do nothing
Plan B : Below 24592, do nothing
Plan C : Consider intraday selling if market surges but fails to break above 24952
Plan D : Cut above 25096
Plan E : Attempt buying if market were to hold firm above 24814
Plan F : Cut below 24703
FKLI
Market once again refused to fall despite showing some signs of weakness yesterday. Market is expected to open lower amid weak crude oil prices. It will be important for market to hold above 1800 level today.
Plan A : Attempt buying if market retrace but hold firm above 1801.5
Plan B : Cut below 1794.5
Plan C : Consider selling if market once again fails to break above 1818
Plan D : Cut above 1823.5
FCPO
FCPO finally broke through the consolidation range and headed down South. Dalian is still closed while soybean oil is down slightly.
Plan A : Overnight seller hold on to position. Resistance is looking at 2274. Target is 2189.
Plan B : Intraday investor may sell if market could rebound and resist around 2262. Target is 2219.
Plan C : Buyer stay out of market today.
Plan D : Above 2280, do nothing.
Plan E : Below 2240, 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
The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple , while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down energy shares.
Hong Kong shares ended little changed on Monday, with gains in Tencent Holdings offsetting weakness in casino operators and oil firms and as most investors stuck to the sidelines awaiting major corporate earnings later in the week.
Plan A : Above 25096, do nothing
Plan B : Below 24592, do nothing
Plan C : Consider intraday selling if market surges but fails to break above 24952
Plan D : Cut above 25096
Plan E : Attempt buying if market were to hold firm above 24814
Plan F : Cut below 24703
FKLI
Market once again refused to fall despite showing some signs of weakness yesterday. Market is expected to open lower amid weak crude oil prices. It will be important for market to hold above 1800 level today.
Plan A : Attempt buying if market retrace but hold firm above 1801.5
Plan B : Cut below 1794.5
Plan C : Consider selling if market once again fails to break above 1818
Plan D : Cut above 1823.5
FCPO
FCPO finally broke through the consolidation range and headed down South. Dalian is still closed while soybean oil is down slightly.
Plan A : Overnight seller hold on to position. Resistance is looking at 2274. Target is 2189.
Plan B : Intraday investor may sell if market could rebound and resist around 2262. Target is 2219.
Plan C : Buyer stay out of market today.
Plan D : Above 2280, do nothing.
Plan E : Below 2240, 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
Sunday, February 22, 2015
23 February 2015
HSI Futures
The Dow and S&P 500 ended at record highs on Friday while the Nasdaq notched an eighth straight day of gains after Greek and euro zone finance ministers reached a deal to extend heavily indebted Greece's financial rescue by four months.
Hong Kong's main stock index rose for the fourth day in a row on Tuesday, taking cues from mainland shares, but volume was the lowest in nearly two months as many have left trading desks for the Lunar New Year. Wednesday was a no-event as half day trading deterred investors from participating. China and Taiwan markets still close for CNY holiday today.
Plan A : Above 24952, do nothing
Plan B : Below 24703, do nothing
Plan C : Attempt selling if market fails to break above 24892 and triggers a sell
Plan D : Cut above 24952
Plan E : Consider buying if market continue to hold firm above 24703
Plan F : Cut below 24592
FKLI
Market managed to close premium to cash market before going into the long CNY holiday last Wednesday. Market look set to open firmer today with regional markets performing well for the first trading day of goat year.
Plan A : Attempt long as long as market stays firm above 1807
Plan B : Cut below 1801.5
Plan C : Consider intraday sell if market fails to break above 1823.5
Plan D : Cut above 1830.5
FCPO
FCPO was still taking its breather without any major movement despite the fact that it had broken through the recent resistance. Dalian is closed today and soybean oil is slightly down while Ringgit stay weak at RM 3.63 against the greenback.
Plan A : Seller and intraday investor may sell if market could rebound and resist at 2312. Target is 2273 and 2231.
Plan B : Buyer may buy only if 2295 could be supported. Target is 2372 and 2395.
Plan C : Above 2320, do nothing.
Plan D : Below 2270, 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
The Dow and S&P 500 ended at record highs on Friday while the Nasdaq notched an eighth straight day of gains after Greek and euro zone finance ministers reached a deal to extend heavily indebted Greece's financial rescue by four months.
Hong Kong's main stock index rose for the fourth day in a row on Tuesday, taking cues from mainland shares, but volume was the lowest in nearly two months as many have left trading desks for the Lunar New Year. Wednesday was a no-event as half day trading deterred investors from participating. China and Taiwan markets still close for CNY holiday today.
Plan A : Above 24952, do nothing
Plan B : Below 24703, do nothing
Plan C : Attempt selling if market fails to break above 24892 and triggers a sell
Plan D : Cut above 24952
Plan E : Consider buying if market continue to hold firm above 24703
Plan F : Cut below 24592
FKLI
Market managed to close premium to cash market before going into the long CNY holiday last Wednesday. Market look set to open firmer today with regional markets performing well for the first trading day of goat year.
Plan A : Attempt long as long as market stays firm above 1807
Plan B : Cut below 1801.5
Plan C : Consider intraday sell if market fails to break above 1823.5
Plan D : Cut above 1830.5
FCPO
FCPO was still taking its breather without any major movement despite the fact that it had broken through the recent resistance. Dalian is closed today and soybean oil is slightly down while Ringgit stay weak at RM 3.63 against the greenback.
Plan A : Seller and intraday investor may sell if market could rebound and resist at 2312. Target is 2273 and 2231.
Plan B : Buyer may buy only if 2295 could be supported. Target is 2372 and 2395.
Plan C : Above 2320, do nothing.
Plan D : Below 2270, 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
Tuesday, February 17, 2015
18 February 2015
WISHING EVERYONE A HAPPY CHINESE NEW YEAR AND SAFE JOURNEY WHEREVER YOU GO! GONG XI FA CAI!!!!
HSI Futures
The S&P 500 ended above 2,100 at another record high on Tuesday as optimism grew that a debt deal would be reached with Greece and as bond prices sold off.
Hong Kong's main stock index rose for the fourth day in a row on Tuesday, taking cues from mainland shares, but volume was the lowest in nearly two months as many have left trading desks for the Lunar New Year. Trading volumes will likely be light with markets in China, Taiwan and South Korea shuttered. Hong Kong, Singapore and Malaysia will be open for half-day trading today.
Plan A : Above 24952, do nothing
Plan B : Below 24703, do nothing
Plan C : Attempt selling if market fails to break above 24892 and triggers a sell
Plan D : Cut above 24952
Plan E : Consider buying if market continue to hold firm above 24703
Plan F : Cut below 24592
FKLI
Market expected to be quiet in a half-day trading today, ahead of the long CNY celebrations. Lackluster trading can be expected with immediate support seen at 1799 and 1794.5
Plan A : Attempt long if market stays firm above 1799
Plan B : Cut below 1794.5
Plan C : Consider intraday sell if market surges but fails to break above 1817
Plan D : Cut above 1823.5
FCPO
After tumbling down, triggering a sell signal along the way, FCPO look like going for a tight range trading today ahead of the long CNY holiday. Supports at 2282 and 2277 must hold firm if it were to avoid any panic selling.
Plan A : Consider going long if market were to hold firm above 2282 today
Plan B : Cut below 2260
Plan C : Intraday selling be can attempted if market once again test 2315 level but fails to breach through
Plan D : Cut above 2335
*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
HSI Futures
The S&P 500 ended above 2,100 at another record high on Tuesday as optimism grew that a debt deal would be reached with Greece and as bond prices sold off.
Hong Kong's main stock index rose for the fourth day in a row on Tuesday, taking cues from mainland shares, but volume was the lowest in nearly two months as many have left trading desks for the Lunar New Year. Trading volumes will likely be light with markets in China, Taiwan and South Korea shuttered. Hong Kong, Singapore and Malaysia will be open for half-day trading today.
Plan A : Above 24952, do nothing
Plan B : Below 24703, do nothing
Plan C : Attempt selling if market fails to break above 24892 and triggers a sell
Plan D : Cut above 24952
Plan E : Consider buying if market continue to hold firm above 24703
Plan F : Cut below 24592
FKLI
Market expected to be quiet in a half-day trading today, ahead of the long CNY celebrations. Lackluster trading can be expected with immediate support seen at 1799 and 1794.5
Plan A : Attempt long if market stays firm above 1799
Plan B : Cut below 1794.5
Plan C : Consider intraday sell if market surges but fails to break above 1817
Plan D : Cut above 1823.5
FCPO
After tumbling down, triggering a sell signal along the way, FCPO look like going for a tight range trading today ahead of the long CNY holiday. Supports at 2282 and 2277 must hold firm if it were to avoid any panic selling.
Plan A : Consider going long if market were to hold firm above 2282 today
Plan B : Cut below 2260
Plan C : Intraday selling be can attempted if market once again test 2315 level but fails to breach through
Plan D : Cut above 2335
*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
Monday, February 16, 2015
17 February 2015
HSI Futures
European stocks slipped on Monday, taking a breather following last week's sharp gains, as investors awaited a euro zone finance ministers' meeting in Brussels to see if common ground will be found with Greece's new government. U.S. markets were closed for President Day's celebration and will resume trading today.
Hong Kong's main stock index closed up for the third straight session on Monday, following gains in the world's major markets, with property stocks leading the rise.
Plan A : Above 24892, do nothing
Plan B : Below 24592, do nothing
Plan C : Attempt selling if market fails to break above 24814 and triggers a sell
Plan D : Cut above 24892
Plan E : Consider buying if market continues to hold firm above 24703
Plan F : Cut below 24592
FKLI
A somewhat quiet trading market was seen yesterday with investors shying away from market ahead of long CNY holiday. Market could repeat yesterday's feat yesterday, holding above 1800 level pending any surprises.
Plan A : Attempt buying if market holds firm above 1801.5
Plan B : Cut below 1794.5
Plan C : Consider intraday sell if market surge but fails to break above 1817
Plan D : Cut above 1823.5
FCPO
FCPO broke through the recent high and it was well supported. Dalian and soybean oil are trading quite mixed in trading. With news of Malaysia may extend the zero duty on crude palm oil export, it may encourage the price to move North.
Plan A : Overnight buyer hold on to position. Support is looking at 2293. Target is 2357 and 2395.
Plan B : Intraday investor may buy if market could support above 2293. Target is 2357.
Plan C : Seller stay out of market.
Plan D : Above 2320, do nothing.
Plan E : Below 2290, 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
European stocks slipped on Monday, taking a breather following last week's sharp gains, as investors awaited a euro zone finance ministers' meeting in Brussels to see if common ground will be found with Greece's new government. U.S. markets were closed for President Day's celebration and will resume trading today.
Hong Kong's main stock index closed up for the third straight session on Monday, following gains in the world's major markets, with property stocks leading the rise.
Plan A : Above 24892, do nothing
Plan B : Below 24592, do nothing
Plan C : Attempt selling if market fails to break above 24814 and triggers a sell
Plan D : Cut above 24892
Plan E : Consider buying if market continues to hold firm above 24703
Plan F : Cut below 24592
FKLI
A somewhat quiet trading market was seen yesterday with investors shying away from market ahead of long CNY holiday. Market could repeat yesterday's feat yesterday, holding above 1800 level pending any surprises.
Plan A : Attempt buying if market holds firm above 1801.5
Plan B : Cut below 1794.5
Plan C : Consider intraday sell if market surge but fails to break above 1817
Plan D : Cut above 1823.5
FCPO
FCPO broke through the recent high and it was well supported. Dalian and soybean oil are trading quite mixed in trading. With news of Malaysia may extend the zero duty on crude palm oil export, it may encourage the price to move North.
Plan A : Overnight buyer hold on to position. Support is looking at 2293. Target is 2357 and 2395.
Plan B : Intraday investor may buy if market could support above 2293. Target is 2357.
Plan C : Seller stay out of market.
Plan D : Above 2320, do nothing.
Plan E : Below 2290, 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
Sunday, February 15, 2015
16 February 2015
HSI Futures
The S&P 500 index closed at a record high on Friday, as energy shares gained with oil prices, while the Nasdaq composite index hit a 15-year high helped by technology stocks.
Hong Kong shares rose on Friday, taking a cue from buoyant global markets in the wake of a ceasefire accord in Ukraine and Sweden's surprise move to cut its main rate into negative territory. Japan's economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in much weaker than expected. GDP grew an annualized 2.2 percent, missing a Reuters poll expecting a 3.7 percent gain.
Plan A : Above 24814, do nothing
Plan B : Below 24436, do nothing
Plan C : Consider selling if market fails to break above 24766 and retrace
Plan D : Cut above 24814
Plan E : Attempt buying if market corrects to 24592 and rebounds
Plan F : Cut below 24436
FKLI
Market rebounded strongly from its early slump to close above 1800 level last Friday. Market is expected to hold firm as crude oil prices surge. Oil and gas counters will likely be the focus today.
Plan A : Attempt buying as long as it stays above 1794.5
Plan B : Cut below 1789.5
Plan C : Consider selling only if market test but fails to break above 1823.5
Plan D : Cut above 1830.5
FCPO
FCPO still gliding side-way last Friday without much surprise. Dalian and overnight soybean are up and it's likely for market to open higher in the morning.
Plan A : Intraday investor may trade within consolidation range of 2270 to 2314.
Plan B : Short term buyer may attempt buying if market could support above 2299. Target is 2357 and 2395.
Plan C : Above 2320, do nothing.
Plan D : Below 2270, 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
The S&P 500 index closed at a record high on Friday, as energy shares gained with oil prices, while the Nasdaq composite index hit a 15-year high helped by technology stocks.
Hong Kong shares rose on Friday, taking a cue from buoyant global markets in the wake of a ceasefire accord in Ukraine and Sweden's surprise move to cut its main rate into negative territory. Japan's economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in much weaker than expected. GDP grew an annualized 2.2 percent, missing a Reuters poll expecting a 3.7 percent gain.
Plan A : Above 24814, do nothing
Plan B : Below 24436, do nothing
Plan C : Consider selling if market fails to break above 24766 and retrace
Plan D : Cut above 24814
Plan E : Attempt buying if market corrects to 24592 and rebounds
Plan F : Cut below 24436
FKLI
Market rebounded strongly from its early slump to close above 1800 level last Friday. Market is expected to hold firm as crude oil prices surge. Oil and gas counters will likely be the focus today.
Plan A : Attempt buying as long as it stays above 1794.5
Plan B : Cut below 1789.5
Plan C : Consider selling only if market test but fails to break above 1823.5
Plan D : Cut above 1830.5
FCPO
FCPO still gliding side-way last Friday without much surprise. Dalian and overnight soybean are up and it's likely for market to open higher in the morning.
Plan A : Intraday investor may trade within consolidation range of 2270 to 2314.
Plan B : Short term buyer may attempt buying if market could support above 2299. Target is 2357 and 2395.
Plan C : Above 2320, do nothing.
Plan D : Below 2270, 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
Thursday, February 12, 2015
13 February 2015
HSI Futures
U.S. stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15-year high, while a ceasefire agreement between Russia and Ukraine also eased tensions.
Hong Kong shares finished higher on Thursday as telecommunication shares jumped on speculation of industry consolidation.
Plan A : Above 24592, do nothing
Plan B : Below 24251, do nothing
Plan C : Attempt selling if market opens higher but fails to break above 24592
Plan D : Cut above 24621
Plan E : Consider buying if market stays firmly above 24386
Plan F : Cut below 24251
FKLI
Market recovered from an intraday low of 1766 to close at 1781 for the day. Market will have to close above 1782 today if it were to distance itself from a potential sell off once again. Successful close above 1794 will definitely calm buyers who got scare for the past two trading days.
Plan A : Attempt buying if market stays firm above 1782
Plan B : Cut below 1776
Plan C : Consider selling if market recovers but fails to break above 1794
Plan D : Cut above 1799
FCPO
FCPO was quite flat yesterday with little movement. Dalian and soybean oil are up and CPO market also gap up during the opening hour. This has given the market a buying signal.
Plan A : Buyer and intraday investor may buy if market could retrace and support above 2298. Target is 2357 and 2395.
Plan B : Seller may stay out of market today.
Plan C : Above 2320, do nothing.
Plan D : Below 2290, 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
U.S. stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15-year high, while a ceasefire agreement between Russia and Ukraine also eased tensions.
Hong Kong shares finished higher on Thursday as telecommunication shares jumped on speculation of industry consolidation.
Plan A : Above 24592, do nothing
Plan B : Below 24251, do nothing
Plan C : Attempt selling if market opens higher but fails to break above 24592
Plan D : Cut above 24621
Plan E : Consider buying if market stays firmly above 24386
Plan F : Cut below 24251
FKLI
Market recovered from an intraday low of 1766 to close at 1781 for the day. Market will have to close above 1782 today if it were to distance itself from a potential sell off once again. Successful close above 1794 will definitely calm buyers who got scare for the past two trading days.
Plan A : Attempt buying if market stays firm above 1782
Plan B : Cut below 1776
Plan C : Consider selling if market recovers but fails to break above 1794
Plan D : Cut above 1799
FCPO
FCPO was quite flat yesterday with little movement. Dalian and soybean oil are up and CPO market also gap up during the opening hour. This has given the market a buying signal.
Plan A : Buyer and intraday investor may buy if market could retrace and support above 2298. Target is 2357 and 2395.
Plan B : Seller may stay out of market today.
Plan C : Above 2320, do nothing.
Plan D : Below 2290, 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
Wednesday, February 11, 2015
12 February 2015
HSI Futures
U.S. stock futures rose late on Wednesday after Europe agreed on a way forward with Greece on debt negotiations that had been holding back U.S. investors worried about European stability.
Hong Kong shares finished lower on Wednesday, weighed down by banking stocks as investors worried about the health of China's economy.
Plan A : Above 24513, do nothing
Plan B : Below 24251, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24433
Plan D : Cut above 24513
Plan E : Consider buying if market supports above 24251 and triggers a buy
Plan F : Cut below 24251
FKLI
Market tumbled in the afternoon session yesterday, triggering selling along the way. Market sentiment could be dampened a little as investors turning wary ahead of long Chinese New Year holiday next week. Any rebound could present opportunity to sell with Ringgit showing signs of weakness too.
Plan A : Attempt selling if market rebounds but fails to break above 1795.5
Plan B : Cut above 1802
Plan C : Consider intraday buy only if market test and rebounds from 1771
Plan D : Cut below 1764
FCPO
FCPO was quite flat in the morning and it eventually lost its ground during the second session yesterday. Dalian and soybean oil are trading slightly lower whereas Ringgit is at RM 3.61 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2292. Target is 2231.
Plan B : Intraday investor may sell if market could rebound and resisted around 2292. Target is 2272 and 2242.
Plan C : Buyer may need to wait. Stay out today.
Plan D : Above 2300, do nothing.
Plan E : Below 2270, 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
U.S. stock futures rose late on Wednesday after Europe agreed on a way forward with Greece on debt negotiations that had been holding back U.S. investors worried about European stability.
Hong Kong shares finished lower on Wednesday, weighed down by banking stocks as investors worried about the health of China's economy.
Plan A : Above 24513, do nothing
Plan B : Below 24251, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24433
Plan D : Cut above 24513
Plan E : Consider buying if market supports above 24251 and triggers a buy
Plan F : Cut below 24251
FKLI
Market tumbled in the afternoon session yesterday, triggering selling along the way. Market sentiment could be dampened a little as investors turning wary ahead of long Chinese New Year holiday next week. Any rebound could present opportunity to sell with Ringgit showing signs of weakness too.
Plan A : Attempt selling if market rebounds but fails to break above 1795.5
Plan B : Cut above 1802
Plan C : Consider intraday buy only if market test and rebounds from 1771
Plan D : Cut below 1764
FCPO
FCPO was quite flat in the morning and it eventually lost its ground during the second session yesterday. Dalian and soybean oil are trading slightly lower whereas Ringgit is at RM 3.61 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2292. Target is 2231.
Plan B : Intraday investor may sell if market could rebound and resisted around 2292. Target is 2272 and 2242.
Plan C : Buyer may need to wait. Stay out today.
Plan D : Above 2300, do nothing.
Plan E : Below 2270, 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
Tuesday, February 10, 2015
11 February 2015
HSI Futures
U.S. stocks rose on Tuesday on hopes that Greek debt negotiations could result in a deal that stabilizes Europe, while Apple helped lift the S&P 500 and Nasdaq as it became the first U.S. company worth more than $700 billion.
Hong Kong shares erased earlier losses and ended flat on Tuesday, as rebounding mainland stocks eased worries stemming from overnight weakness in global equity markets. Japan markets are shut today for National Founding Day celebration.
Holding short
Plan A : 24303-24643, do nothing
Plan B : Above 24643, cover short
Plan C : Below 24303, consider taking profits if market rebounds after a lower opening
Plan D : Consider turning buy only if market holds firmly above 24303 and triggers a buy
Plan E : Cut below 24303
FKLI
Market continued to hold firm despite earlier worries on Anwar's verdict. Market is expected to stay resilient as long as it stays trading above 1800.
Plan A : Attempt buying as long as market stays above 1800
Plan B : Cut below 1795
Plan C : Consider selling only if market surges and fails to break above 1818
Plan D : Cut above 1823
FCPO
FCPO continue with market correction after the rally and recorded a low of 2294. Dalian is slightly up whereas soybean oil was down 0.59 cents. Therefore, market might open lower today. Ringgit is weaker today at RM 3.58 against the greenback.
Plan A : Overnight buyer exited market as support was breached yesterday. If you have not, please exit today.
Plan B : Seller may sell if market could rebound and resisted at 2310. Target is 2273 and 2231.
Plan C : Buyer may stay out today.
Plan D : Above 2310, do nothing.
Plan E : Below 2270, 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
U.S. stocks rose on Tuesday on hopes that Greek debt negotiations could result in a deal that stabilizes Europe, while Apple helped lift the S&P 500 and Nasdaq as it became the first U.S. company worth more than $700 billion.
Hong Kong shares erased earlier losses and ended flat on Tuesday, as rebounding mainland stocks eased worries stemming from overnight weakness in global equity markets. Japan markets are shut today for National Founding Day celebration.
Holding short
Plan A : 24303-24643, do nothing
Plan B : Above 24643, cover short
Plan C : Below 24303, consider taking profits if market rebounds after a lower opening
Plan D : Consider turning buy only if market holds firmly above 24303 and triggers a buy
Plan E : Cut below 24303
FKLI
Market continued to hold firm despite earlier worries on Anwar's verdict. Market is expected to stay resilient as long as it stays trading above 1800.
Plan A : Attempt buying as long as market stays above 1800
Plan B : Cut below 1795
Plan C : Consider selling only if market surges and fails to break above 1818
Plan D : Cut above 1823
FCPO
FCPO continue with market correction after the rally and recorded a low of 2294. Dalian is slightly up whereas soybean oil was down 0.59 cents. Therefore, market might open lower today. Ringgit is weaker today at RM 3.58 against the greenback.
Plan A : Overnight buyer exited market as support was breached yesterday. If you have not, please exit today.
Plan B : Seller may sell if market could rebound and resisted at 2310. Target is 2273 and 2231.
Plan C : Buyer may stay out today.
Plan D : Above 2310, do nothing.
Plan E : Below 2270, 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
Monday, February 9, 2015
10 February 2015
HSI Futures
U.S. stocks fell on Monday as investors worried about Greek debt negotiations and disappointing Chinese economic data on top of uncertainty about U.S. interest rates.
Hong Kong shares fell on Monday, dragged down by banking and property stocks on concerns over China's economy after it reported worse-than-expected January trade data. Focus will turn to China's CPI data due today, which likely to see a five-year low figure.
Holding short
Plan A : 24303-24643, do nothing
Plan B : Above 24643, cover short
Plan C : Below 24303, consider taking profits if market rebounds after a lower opening
Plan D : Consider turning buy only if market holds firmly above 24433 and triggers a buy
Plan E : Cut below 24433
FKLI
Lackluster performance was seen yesterday in anticipation of Anwar's verdict today. Worries were visibly seen especially a discount of 15-points against cash market was seen at one point. Failure to hold above 1793.5 today might spell a new trend down.
Plan A : Attempt selling if market fails to hold above 1799
Plan B : Cut above 1806
Plan C : Consider buying only if market holds stubbornly above 1793.5 and rebounds
Plan D : Cut below 1788
FCPO
FCPO pull-backed to low of 2307 yesterday and eventually closed at 2317. Market is experiencing correction after the rocket rally for the past few days. Dalian and soybean oil are slightly up and Ringgit remains at RM 3.56.
Plan A : Overnight buyer may hold on to position if support at 2298 is supported. Target is 2395.
Plan B : Buyer may buy if market could support above 2298. Target is 2323 and 2332.
Plan C : Seller may sell if market could rebound near 2332 but resisted around this level. Target is 2273 and 2231.
Plan D : Above 2340, do nothing.
Plan E : Below 2290, 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
U.S. stocks fell on Monday as investors worried about Greek debt negotiations and disappointing Chinese economic data on top of uncertainty about U.S. interest rates.
Hong Kong shares fell on Monday, dragged down by banking and property stocks on concerns over China's economy after it reported worse-than-expected January trade data. Focus will turn to China's CPI data due today, which likely to see a five-year low figure.
Holding short
Plan A : 24303-24643, do nothing
Plan B : Above 24643, cover short
Plan C : Below 24303, consider taking profits if market rebounds after a lower opening
Plan D : Consider turning buy only if market holds firmly above 24433 and triggers a buy
Plan E : Cut below 24433
FKLI
Lackluster performance was seen yesterday in anticipation of Anwar's verdict today. Worries were visibly seen especially a discount of 15-points against cash market was seen at one point. Failure to hold above 1793.5 today might spell a new trend down.
Plan A : Attempt selling if market fails to hold above 1799
Plan B : Cut above 1806
Plan C : Consider buying only if market holds stubbornly above 1793.5 and rebounds
Plan D : Cut below 1788
FCPO
FCPO pull-backed to low of 2307 yesterday and eventually closed at 2317. Market is experiencing correction after the rocket rally for the past few days. Dalian and soybean oil are slightly up and Ringgit remains at RM 3.56.
Plan A : Overnight buyer may hold on to position if support at 2298 is supported. Target is 2395.
Plan B : Buyer may buy if market could support above 2298. Target is 2323 and 2332.
Plan C : Seller may sell if market could rebound near 2332 but resisted around this level. Target is 2273 and 2231.
Plan D : Above 2340, do nothing.
Plan E : Below 2290, 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
Sunday, February 8, 2015
9 February 2015
HSI Futures
Wall Street stocks fell on Friday as a better-than-expected U.S. jobs report raised expectations that the Federal Reserve will increase interest rates by midyear, while renewed worries over Greece's debt negotiations added to the bearish tone.
Hong Kong shares edged down on Friday as investors took profits, remaining cautious over the state of China's economy after the brief filip given by the central bank loosening liquidity earlier this week.
Plan A : Above 24852, do nothing
Plan B : Below 24578, do nothing
Plan C : Attempt selling if market remains under 24724
Plan D : Cut above 24852
Plan E : Consider buying if market holds firmly above 24578 and triggers a buy
Plan F : Cut below 24578
FKLI
Market traded firmly last Friday, staying above 1800 throughout the day with cash market continued to surge. Market is expected to remain firm today without much negative surprises.
Plan A : Attempt buying if market stays firmly above 1799
Plan B : Cut below 1795
Plan C : Consider intraday sell if market once again fails to break above 1817
Plan D : Cut above 1823
FCPO
FCPO continue to spike despite the earlier pullback from the morning session last Friday. Dalian and soybean oil are slightly up today and Ringgit stayed at RM 3.56 against the greenback.
Plan A : Overnight buyer may hold on to position if support at 2298 is not breached. Target is 2395.
Plan B : Intraday investor may buy if 2319 is supported. Target is 2375.
Plan C : Seller may sell if market could come near to 2395 and could not break this level. Target is 2298.
Plan D : Above 2400, do nothing.
Plan E : Below 2300, 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
Wall Street stocks fell on Friday as a better-than-expected U.S. jobs report raised expectations that the Federal Reserve will increase interest rates by midyear, while renewed worries over Greece's debt negotiations added to the bearish tone.
Hong Kong shares edged down on Friday as investors took profits, remaining cautious over the state of China's economy after the brief filip given by the central bank loosening liquidity earlier this week.
Plan A : Above 24852, do nothing
Plan B : Below 24578, do nothing
Plan C : Attempt selling if market remains under 24724
Plan D : Cut above 24852
Plan E : Consider buying if market holds firmly above 24578 and triggers a buy
Plan F : Cut below 24578
FKLI
Market traded firmly last Friday, staying above 1800 throughout the day with cash market continued to surge. Market is expected to remain firm today without much negative surprises.
Plan A : Attempt buying if market stays firmly above 1799
Plan B : Cut below 1795
Plan C : Consider intraday sell if market once again fails to break above 1817
Plan D : Cut above 1823
FCPO
FCPO continue to spike despite the earlier pullback from the morning session last Friday. Dalian and soybean oil are slightly up today and Ringgit stayed at RM 3.56 against the greenback.
Plan A : Overnight buyer may hold on to position if support at 2298 is not breached. Target is 2395.
Plan B : Intraday investor may buy if 2319 is supported. Target is 2375.
Plan C : Seller may sell if market could come near to 2395 and could not break this level. Target is 2298.
Plan D : Above 2400, do nothing.
Plan E : Below 2300, 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
Thursday, February 5, 2015
6 February 2015
HSI Futures
U.S. stocks climbed on Thursday as energy shares bounced with oil prices, while news Pfizer would buy Hospira in a massive deal further boosted the market.
Hong Kong shares finished up following a volatile session on Thursday, a day after the mainland's central bank rolled out stimulus measures.
Plan A : Above 25186, do nothing
Plan B : Below 24645, do nothing
Plan C : Attempt selling if market stays below 24722
Plan D : Cut above 24852
Plan E : Consider buying if market holds firm above 24645 and triggers a buy
Plan F : Cut below 24645
FKLI
Market eventually closed somewhat firm after a day of consolidation yesterday. Market must continue to hold firmly above 1791 to avoid any sell down ahead of upcoming Chinese New Year celebration.
Plan A : Attempt buying if market hold firmly above 1793.5
Plan B : Cut below 1788
Plan C : Consider selling if market surge but fails to breach through 1817
Plan D : Cut above 1823
FCPO
FCPO made tremendous single-day gain since October 2010 with market spike up more than 5% yesterday. The market was buoyed by hopes that Indonesia will increase the bio-diesel subsidies which in turns would make blending profitable. Dalian and overnight soybean oil leap following the upside of our market.
Plan A : Intraday investor may buy if market could support above 2298. Target is 2346.
Plan B : Seller may wait to sell only if market could not break beyond 2395. Target is 2298.
Plan C : Above 2320, do nothing.
Plan D : Below 2290, 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
U.S. stocks climbed on Thursday as energy shares bounced with oil prices, while news Pfizer would buy Hospira in a massive deal further boosted the market.
Hong Kong shares finished up following a volatile session on Thursday, a day after the mainland's central bank rolled out stimulus measures.
Plan A : Above 25186, do nothing
Plan B : Below 24645, do nothing
Plan C : Attempt selling if market stays below 24722
Plan D : Cut above 24852
Plan E : Consider buying if market holds firm above 24645 and triggers a buy
Plan F : Cut below 24645
FKLI
Market eventually closed somewhat firm after a day of consolidation yesterday. Market must continue to hold firmly above 1791 to avoid any sell down ahead of upcoming Chinese New Year celebration.
Plan A : Attempt buying if market hold firmly above 1793.5
Plan B : Cut below 1788
Plan C : Consider selling if market surge but fails to breach through 1817
Plan D : Cut above 1823
FCPO
FCPO made tremendous single-day gain since October 2010 with market spike up more than 5% yesterday. The market was buoyed by hopes that Indonesia will increase the bio-diesel subsidies which in turns would make blending profitable. Dalian and overnight soybean oil leap following the upside of our market.
Plan A : Intraday investor may buy if market could support above 2298. Target is 2346.
Plan B : Seller may wait to sell only if market could not break beyond 2395. Target is 2298.
Plan C : Above 2320, do nothing.
Plan D : Below 2290, 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
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