U.S. stocks rebounded in afternoon trading on Wednesday to end little changed as energy shares and Apple bounced back, offsetting continued concerns about a slowdown in China.
Hong Kong stocks slid on Wednesday, following sluggish global and mainland markets, after China allowed its currency to depreciate sharply for a second day amid fresh signs that the economy is still struggling.
Plan A : Above 23911, do nothing
Plan B : Below 23607, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23911
Plan D : Cut above 24000
Plan E : Consider intraday long if market supports above 23607 and rebounds
Plan F : Cut below 23607
FKLI
Despite a somewhat heavy sell down yesterday, market managed to hold above its immediate support level of 1593. Market could be tricky today after overnight Dow overturned a heavy losses to close unchanged. A long overdue technical rebound could comes in today but many levels will act as resistance to cap any strong gains.
Plan A : Attempt selling if market rebounds but fails to break above 1619
Plan B : Cut above 1626
Plan C : Intraday buying to be considered only if market tests 1593 once again and rebounds
Plan D : Cut below 1588
FCPO
FCPO gradually descending on Wednesday until some selling pressure came in at the eleventh hour. Dalian and overnight soybean oil are weak while Ringgit stays at RM 3.98 against the greenback. Market may continue to go down South, therefore
Plan A : Overnight seller hold on to position. Resistance is looking at 2014. Target is 1965, 1936 and 1909.
Plan B : Intraday investor and fresh seller may sell if market could rebound and resist at 2005. Target is 1965 and 1936. There will be a new resistance after market open, ask us how at futures.coin@gmail.com
Plan C : Buyer may stay out today.
Plan D : Above 2010, do nothing.
Plan E : Below 1980, do nothing.
We are doing recruitment for our office in PJ..anyone interested kindly email us at futures.coin@gmail.com. Thank you
*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.
No comments:
Post a Comment