4 February 2015

HSI Futures

U.S. stocks jumped more than 1 percent on Tuesday, led by energy shares as oil prices extended their recent rally, while higher-than-expected January car sales also bolstered the advance.

Hong Kong shares recouped earlier losses to end higher on Tuesday, as stronger mainland Chinese markets offset the impact of disappointing U.S. economic data.

Plan A : Above 24678, do nothing
Plan B : Below 24404, do nothing
Plan C : Consider intraday sell if market fails to break above 24678 and retrace
Plan D : Cut above 24761
Plan E : Attempt buying if market holds firm above 24556
Plan F : Cut below 24462



FKLI

Market continued to hold firm after surviving a scare near 1773 level. Market is deemed to be firm as long as it stays above 1773

Plan A : Attempt buying around 1798 if it holds firm
Plan B : Cut below 1790
Plan C : Consider intraday sell only if market fails to break above 1823
Plan D : Cut above 1832


FCPO

FCPO slumped to low of 2106 during the opening hour last Friday but it eventually climb back to 2146 at closing with seller may have attempted to profit taking. Dalian and overnight soybean oil are up quite significantly and it is not surprised to see market to open higher later.

Plan A : Overnight seller may exit today when market stabilized.
Plan B : Buyer may wait for market to settle after opening. May attempt buy if market could support above 2142.
Plan C : Intraday investor may sell if market gap up above 2170. Resistance is 2186.  
Plan D : Above 2160, do nothing.
Plan E : Below 2130, 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