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