23 July 2015

HSI Futures

Wall Street declined for a second straight session on Wednesday as the technology sector fell on disappointing results from giants including Apple.

Hong Kong stocks fell on Wednesday, tracking losses in overseas markets, with tech shares leading the decline.

Plan A : Above 25566, do nothing
Plan B : Below 25022, do nothing
Plan C : Attempt selling if market remains trading below 25360
Plan D : Cut above 25426
Plan E : Consider buying if market supported above 25022 and rebounds
Plan F : Cut below 24993


FKLI

Market went through some dicey trading yesterday before settling at 1721 for the day. Trading range could remains almost the same today with supports stays at 1716 with resistance stood at 1726.

Plan A : Attempt buying if market rebounds from support of 1716
Plan B : Cut below 1711
Plan C : Consider intraday sell if market fails to break above 1726
Plan D : Cut above 1731


FCPO

Market had a wild run on Wednesday after tipping at 2221 and triggering the day low at 2197 not long after. Dalian and overnight soybean oil are down significantly while Ringgit stay put at RM3.80 against the US Dollar. 

Plan A : Overnight buyer may take precaution and exit if support at 2184 is breached. 
Plan B : Intraday investor and fresh seller may sell if market could rebound and resisted at 2210. Target is 2193, 2184 and 2165.
Plan C : Buyer may wait and see until market could support above 2193. Target is 2210 and 2230 and 2244.
Plan D : Above 2210, do nothing.
Plan E : Below 2180, do nothing.

    

*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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.