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