Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over.
Hong Kong stocks posted its biggest one-day percentage gain since July 9 on Thursday, taking cues from sharp rallies on the Wall Street and in mainland China.
Plan A : Above 22095, do nothing
Plan B : Below 21451, do nothing
Plan C : Attempt buying if market corrects but holds firm above 21555
Plan D : Cut below 21451
Plan E : Consider intraday selling if market fails to break above 22095 and retrace
Plan F : Cut above 22095
FKLI
Market rallied strongly yesterday, triggering buying signal and squeezed sellers to cover their position. Many over bearish investors were being caught with this surge. Market is expected to open higher once again today after the strong performance from overnight Dow.
Sept contract
Plan A : Consider selling only if market fails to break above 1611 and retrace
Plan B : Cut above 1618
Plan C : Wait for retracement to long, probably around 1585
Plan D : Cut below 1580
FCPO
FCPO showed signs of reversal yesterday with market rebounded from a low of 1873 to settle at near day's high level. Strong bean and Dalian too will lend support to FCPO today. Market is expected to open gap today and possibly squeezing sellers out as well. Sellers will have to be extra cautious today especially if market manage to breach and hold firm above 1972 today.
Plan A : Overnight buyer hold on to position. Support looking at 1917 and 1930. Target 1997 and 2026
Plan B : Intraday investor may buy if market retrace after a higher opening but holds firm above 1930
Plan C : Sellers may consider selling only if market test 1972 but fails to breach through
Plan D : Above 1972, do nothing.
Plan E : Below 1917, 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