12 March 2015

HSI Futures

U.S. stocks ended lower for a second straight session on Wednesday as worries grew about the timing of a Federal Reserve interest rate hike and dollar strength further dampened the outlook for U.S. earnings.

Hong Kong's main stock index fell to its lowest level in nearly two months on Wednesday, weighed down by losses in overseas markets and weak economic data from China.

Plan A : Above 23902, do nothing
Plan B : Below 23636, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23761
Plan D : Cut above 23902
Plan E : Consider buying if market holds firm above 23636 and triggers a buy
Plan F : Cut below 23636


FKLI

Market recovered from an intraday low of 1757 before settling at 1773 yesterday. Market could open little changed today with signs of technical rebound remains.

Plan A : Attempt selling if market rebounds but fails to break above 1783
Plan B : Cut above 1787.5
Plan C : Consider intraday buy if market were to hold firmly above 1770
Plan D : Cut below 1763.5


FCPO

FCPO rebounded yesterday to high of 2280 at the eleventh hour and eventually closed at 2276. Dalian and overnight soybean oil are slightly up while Ringgit grows stronger today at RM 3.68 against the greenback.

Plan A : Overnight seller exited yesterday as resistance is breached. If you have not, do exit today and resistance is looking at 2280. 
Plan B : Short term buyer and intraday investor may buy if market could stabilize and support above 2250 and 2260. Target is 2310 and 2340. Hold overnight if market could hold above 2280.
Plan C : Fresh seller stay out of market.
Plan D : Above 2280, do nothing.
Plan E : Below 2250, 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