4 March 2015

HSI Futures

U.S. stocks finished down on Tuesday, a day after the S&P and Dow hit records, and the Nasdaq retreated with technology stocks.

Hong Kong shares surrendered early gains and closed lower on Tuesday, as losses in mainland China markets outweighed initial optimism fueled by overnight bullishness in U.S. stocks.

Plan A : Above 24814, do nothing
Plan B : Below 24562, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24703
Plan D : Cut above 24814
Plan E : Consider buying if market holds firm above 24562 and triggers a buy
Plan F : Cut below 24562


FKLI

Market showed weakness yesterday after coming down from a high of 1826.5 once again. Failure to hold above 1812.5 today will probably triggers selling activities and hence pressure the market lower.

Plan A : Attempt selling if market fails to hold above 1812.5
Plan B : Cut above 1819.5
Plan C : Consider intraday buy only if market dives to 1777 and rebounds
Plan D : Cut below 1766


FCPO
FCPO had a weak start but it swiftly catch up later during the second session recording high of 2382. Market continue with its uptrend and seller might need to give way 'till the next opportunity. Dalian and soybean oil are quite mixed in trading while Ringgit stays at RM 3.62 against the greenback.

Plan A : Overnight buyer hold on to position. Support is looking at 2346. Target is 2407, 2467 and 2494.
Plan B : Intraday investor may buy if market could support above 2355 and 2364. Target is 2407.
Plan C : Seller may stay out unless market open gap up to 2400 level.
Plan D : Above 2400, do nothing.
Plan E : Below 2350, 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