9 February 2015

HSI Futures

Wall Street stocks fell on Friday as a better-than-expected U.S. jobs report raised expectations that the Federal Reserve will increase interest rates by midyear, while renewed worries over Greece's debt negotiations added to the bearish tone.

Hong Kong shares edged down on Friday as investors took profits, remaining cautious over the state of China's economy after the brief filip given by the central bank loosening liquidity earlier this week.

Plan A : Above 24852, do nothing
Plan B : Below 24578, do nothing
Plan C : Attempt selling if market remains under 24724
Plan D : Cut above 24852
Plan E : Consider buying if market holds firmly above 24578 and triggers a buy
Plan F : Cut below 24578


FKLI

Market traded firmly last Friday, staying above 1800 throughout the day with cash market continued to surge. Market is expected to remain firm today without much negative surprises.

Plan A : Attempt buying if market stays firmly above 1799
Plan B : Cut below 1795
Plan C : Consider intraday sell if market once again fails to break above 1817
Plan D : Cut above 1823


FCPO

FCPO continue to spike despite the earlier pullback from the morning session last Friday. Dalian and soybean oil are slightly up today and Ringgit stayed at RM 3.56 against the greenback. 

Plan A : Overnight buyer may hold on to position if support at 2298 is not breached. Target is 2395.
Plan B : Intraday investor may buy if 2319 is supported. Target is 2375.
Plan C : Seller may sell if market could come near to 2395 and could not break this level. Target is 2298.
Plan D : Above 2400, do nothing.
Plan E : Below 2300, 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