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