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