FKLI
U.S. stocks closed sharply higher on Wednesday as investors sought bargains among beaten-down stocks and the recently battered biotechnology index bounced back on the last day of Wall Street's worst quarter since 2011. Hong Kong will be close today for National Day celebrations while China will begins its week-long National Day holiday today. Attentions will turn to China PMI data due to be released at 9 am today with a forecast of 49.7, which is the same figure for last month.
Market is expected to open firmer today after overnight Dow gained triple digits and together with RM recovering slightly from 4.48 to 4.40 against the greenback, there is a chance for market recovery today.
Plan A : Attempt buying if market trades firmly above 1603
Plan B : Cut below 1595
Plan C : Selling to be considered only if market test 1623 and retrace
Plan D : Cut above 1629
FCPO
FCPO had great sell-off yesterday with low 2365 and high of 2450. After a long unbeatable uptrend, market has finally going through some correction. Dalian is off today while soybean oil is slightly down. Ringgit strengthen slightly to RM4.41 against the greenback.
Plan A : Intraday investor may sell if market could resist at 2393. Target is 2336 and 2274.
Plan B : Buy if market could break through 2400. Target is 2464 and 2518.
Plan C : Above 2410, do nothing.
Plan D : Below 2360, 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.
Wednesday, September 30, 2015
Tuesday, September 29, 2015
30 September 2015
HSI Futures
U.S. stocks ended higher after a volatile session on Tuesday as concerns about the health of the global economy kept investors cautious after more than a month of turbulence.
Hong Kong stocks tumbled 3 percent to a two-year low on Tuesday as growing fears of a sharp slowdown in the world economy sparked heavy selling, particularly in energy and commodity related shares. Today will be the last day of trading for China before they go into a week long holiday while HK too will be off for one day tomorrow in conjunction with the National Day celebrations.
Plan A : Above 20660, do nothing
Plan B : Below 20360, do nothing
Plan C : Attempt selling if market fails to break above 20660
Plan D : Cut above 20745
Plan E : Consider buying if market supports above 20360 and triggers a buy
Plan F : Cut below 20660
FKLI
Market pushed up towards the closing stage of trading yesterday and settled at 1580 for Oct month contract. Market might open higher today, moving in tandem with regional markets but gains could be capped amid weak RM. Eager investors can look for opportunity to sell when this technical rebound exhausts.
Plan A : Attempt selling if market rebounds but fails to break above 1595
Plan B : Cut above 1603
Plan C : Buying to be considered if market holds firm above 1582
Plan D : Cut below 1577
FCPO
FCPO gap-down in the morning but it stabilized and formed a support at 2360's level in the morning session. It continue to rally in the afternoon with great volatility after breaking the resistances to 2460. Market remains bullish at this point. Dalian and soybean oil are slightly positive while Ringgit remains at RM4.43 against the greenback.
Plan A : Overnight buyer may consider to exit. Support is 2405. Targets are 2497 and 2518.
Plan B : Intraday investor may buy if market could support above 2416. Targets are 2464 and 2497.
Plan C : Intraday investor may sell if market could not break 2464. Targets are 2424 and 2405. Plan D : Above 2470, do nothing.
Plan E : Below 2400, 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.
U.S. stocks ended higher after a volatile session on Tuesday as concerns about the health of the global economy kept investors cautious after more than a month of turbulence.
Hong Kong stocks tumbled 3 percent to a two-year low on Tuesday as growing fears of a sharp slowdown in the world economy sparked heavy selling, particularly in energy and commodity related shares. Today will be the last day of trading for China before they go into a week long holiday while HK too will be off for one day tomorrow in conjunction with the National Day celebrations.
Plan A : Above 20660, do nothing
Plan B : Below 20360, do nothing
Plan C : Attempt selling if market fails to break above 20660
Plan D : Cut above 20745
Plan E : Consider buying if market supports above 20360 and triggers a buy
Plan F : Cut below 20660
FKLI
Market pushed up towards the closing stage of trading yesterday and settled at 1580 for Oct month contract. Market might open higher today, moving in tandem with regional markets but gains could be capped amid weak RM. Eager investors can look for opportunity to sell when this technical rebound exhausts.
Plan A : Attempt selling if market rebounds but fails to break above 1595
Plan B : Cut above 1603
Plan C : Buying to be considered if market holds firm above 1582
Plan D : Cut below 1577
FCPO
FCPO gap-down in the morning but it stabilized and formed a support at 2360's level in the morning session. It continue to rally in the afternoon with great volatility after breaking the resistances to 2460. Market remains bullish at this point. Dalian and soybean oil are slightly positive while Ringgit remains at RM4.43 against the greenback.
Plan A : Overnight buyer may consider to exit. Support is 2405. Targets are 2497 and 2518.
Plan B : Intraday investor may buy if market could support above 2416. Targets are 2464 and 2497.
Plan C : Intraday investor may sell if market could not break 2464. Targets are 2424 and 2405. Plan D : Above 2470, do nothing.
Plan E : Below 2400, 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.
Monday, September 28, 2015
29 September 2015
HSI Futures
U.S. stocks finished sharply lower on Monday and were on track for their worst quarter in four years as investors worried about the health of China's economy and its potential impact on the timing of a U.S. interest rate increase.
China stocks inched up in thin trading on Monday, as investors remained cautious while shrugging off data showing profits of Chinese industrial companies in August declined at the sharpest rate in four years. Hong Kong markets will reopen today after closing for Mid Autumn Festival while Korea will be shut for Chusok Day celebration.
Plan A : Above 21350, do nothing
Plan B : Below 20951, do nothing
Plan C : Attempt selling if market trades below 21120
Plan D : Cut above 21224
Plan E : Consider intraday buy only if market holds firm above 20951 and triggers a buy
Plan F : Cut below 20951
FKLI
Market consolidated yesterday but it look likely to trade lower today after a 312-points fall from overnight Dow. Failure for Oct month contract to hold above 1575 today or cash market trades below 1604 today, a new bear trend could be formed. However, investors are advised not to be over bearish as crude palm oil prices could help lifting plantation counters up and hence holding up the index prices.
Oct month contract:
Plan A : Attempt selling if market rebounds but fails to break above 1590
Plan B : Cut above 1596
Plan C : Consider intraday buy only if market stays firm above 1575 and rebounds
Plan D : Cut below 1570
FCPO
FCPO had a great bull run yesterday with more than 100 points from the difference of high and low. Dalian and soybean oil are quite weak this morning while Ringgit nailed down to RM4.468 against the greenback. Market is very overbought at this stage, therefore investor may expect some correction before the next trend.
Plan A : Overnight buyer may exit if market breaks supports at 2372 and 2355. Target is 2432.
Plan B : Intraday investor may sell if market could rebound and resist at 2372 or 2394. Target is 2355 and 2337.
Plan C : Buyer may stay out until market stabilized.
Plan D : Above 2390, do nothing.
Plan E : Below 2350, 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.
U.S. stocks finished sharply lower on Monday and were on track for their worst quarter in four years as investors worried about the health of China's economy and its potential impact on the timing of a U.S. interest rate increase.
China stocks inched up in thin trading on Monday, as investors remained cautious while shrugging off data showing profits of Chinese industrial companies in August declined at the sharpest rate in four years. Hong Kong markets will reopen today after closing for Mid Autumn Festival while Korea will be shut for Chusok Day celebration.
Plan A : Above 21350, do nothing
Plan B : Below 20951, do nothing
Plan C : Attempt selling if market trades below 21120
Plan D : Cut above 21224
Plan E : Consider intraday buy only if market holds firm above 20951 and triggers a buy
Plan F : Cut below 20951
FKLI
Market consolidated yesterday but it look likely to trade lower today after a 312-points fall from overnight Dow. Failure for Oct month contract to hold above 1575 today or cash market trades below 1604 today, a new bear trend could be formed. However, investors are advised not to be over bearish as crude palm oil prices could help lifting plantation counters up and hence holding up the index prices.
Oct month contract:
Plan A : Attempt selling if market rebounds but fails to break above 1590
Plan B : Cut above 1596
Plan C : Consider intraday buy only if market stays firm above 1575 and rebounds
Plan D : Cut below 1570
FCPO
FCPO had a great bull run yesterday with more than 100 points from the difference of high and low. Dalian and soybean oil are quite weak this morning while Ringgit nailed down to RM4.468 against the greenback. Market is very overbought at this stage, therefore investor may expect some correction before the next trend.
Plan A : Overnight buyer may exit if market breaks supports at 2372 and 2355. Target is 2432.
Plan B : Intraday investor may sell if market could rebound and resist at 2372 or 2394. Target is 2355 and 2337.
Plan C : Buyer may stay out until market stabilized.
Plan D : Above 2390, do nothing.
Plan E : Below 2350, 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.
Sunday, September 27, 2015
28 September 2015
FKLI
Market had great correction after four consecutive days of downwards movement. Switch month is around the corner and the forward month seems bearish to investor.
Plan A : Buy if market could 1604. Targets are 1612.5 and 1625.
Plan B : Sell if market could not break 1612.5. Targets are 1603 and 1582.
Plan C : Above 1613, do nothing.
Plan D : Below 1603, do nothing.
FCPO
Market has been running on good uptrend since it breakaway from 2207. Buyer are quite aggressive in buying in position especially towards the closing of most days. However, it is not advisable to hold fresh buyer position as market has gone on uptrend for quite some time. Dalian and soybean oil are quite mixed today while Ringgit stay weak at RM4.38 against the greenback.
Plan A : Overnight buyer consider to exit position. Support is 2310 and 2292. Target is 2350 and 2432.
Plan B : Intraday investor may sell if market resist at 2324. Target is 2292 and 2275. Hold overnight if market stay below 2270.
Plan C : Buyer may stay out.
Plan D : Above 2350, do nothing.
Plan E : Below 2270, 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.
Market had great correction after four consecutive days of downwards movement. Switch month is around the corner and the forward month seems bearish to investor.
Plan A : Buy if market could 1604. Targets are 1612.5 and 1625.
Plan B : Sell if market could not break 1612.5. Targets are 1603 and 1582.
Plan C : Above 1613, do nothing.
Plan D : Below 1603, do nothing.
FCPO
Market has been running on good uptrend since it breakaway from 2207. Buyer are quite aggressive in buying in position especially towards the closing of most days. However, it is not advisable to hold fresh buyer position as market has gone on uptrend for quite some time. Dalian and soybean oil are quite mixed today while Ringgit stay weak at RM4.38 against the greenback.
Plan A : Overnight buyer consider to exit position. Support is 2310 and 2292. Target is 2350 and 2432.
Plan B : Intraday investor may sell if market resist at 2324. Target is 2292 and 2275. Hold overnight if market stay below 2270.
Plan C : Buyer may stay out.
Plan D : Above 2350, do nothing.
Plan E : Below 2270, 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.
Thursday, September 24, 2015
25 September 2015
HSI Futures
U.S. stocks closed lower on Thursday in a volatile session on uncertainty about U.S. monetary policy and global economic growth, while market heavyweight Caterpillar cut its sales forecast and healthcare investors fled for the exits. After the bell, Federal Reserve Chair Janet Yellen said she expects the Fed to raise interest rates later this year.
Hong Kong shares fell on Thursday as concerns about slowing global demand offset gains in mainland China markets.
Plan A : Above 21341, do nothing
Plan B : Below 20708, do nothing
Plan C : Attempt buying if market stays firm above 21174
Plan D : Cut below 21110
Plan E : Consider selling if market surges but fails to break above 21341
Plan F : Cut above 21444
FKLI
Market triggered a sell signal late Tuesday and stays below its resistance level on Wednesday before we went into Hari Raya Haji celebration yesterday. Weak Ringgit is expected to dominate today's trading.
Plan A : Attempt selling if market stays below 1610
Plan B : Cut above 1620
Plan C : Buying to be considered if market manage to hold firm above 1603
Plan D : Cut below 1596
FCPO
FCPO breakthrough the potential double top formation and rallied to 2248 on Wednesday. Dalian and soybean oil started strong while Ringgit further weakened to RM4.38 against the greenback. It is inevitable for an gap-up opening, however, market is channeling an upside, investor is advised to avoid buying at high prices.
Plan A : Overnight buyer may hold on to position. Support is looking at 2227. Target are 2291 and 2318.
Plan B : Intraday investor may sell at opening if market could not break 2318. Targets are 2291, 2280 and 2271
Plan C : Intraday investor may buy if market could support above 2271. Target is 2318.
Plan D : Above 2320, do nothing.
Plan E : Below 2270, 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.
U.S. stocks closed lower on Thursday in a volatile session on uncertainty about U.S. monetary policy and global economic growth, while market heavyweight Caterpillar cut its sales forecast and healthcare investors fled for the exits. After the bell, Federal Reserve Chair Janet Yellen said she expects the Fed to raise interest rates later this year.
Hong Kong shares fell on Thursday as concerns about slowing global demand offset gains in mainland China markets.
Plan A : Above 21341, do nothing
Plan B : Below 20708, do nothing
Plan C : Attempt buying if market stays firm above 21174
Plan D : Cut below 21110
Plan E : Consider selling if market surges but fails to break above 21341
Plan F : Cut above 21444
FKLI
Market triggered a sell signal late Tuesday and stays below its resistance level on Wednesday before we went into Hari Raya Haji celebration yesterday. Weak Ringgit is expected to dominate today's trading.
Plan A : Attempt selling if market stays below 1610
Plan B : Cut above 1620
Plan C : Buying to be considered if market manage to hold firm above 1603
Plan D : Cut below 1596
FCPO
FCPO breakthrough the potential double top formation and rallied to 2248 on Wednesday. Dalian and soybean oil started strong while Ringgit further weakened to RM4.38 against the greenback. It is inevitable for an gap-up opening, however, market is channeling an upside, investor is advised to avoid buying at high prices.
Plan A : Overnight buyer may hold on to position. Support is looking at 2227. Target are 2291 and 2318.
Plan B : Intraday investor may sell at opening if market could not break 2318. Targets are 2291, 2280 and 2271
Plan C : Intraday investor may buy if market could support above 2271. Target is 2318.
Plan D : Above 2320, do nothing.
Plan E : Below 2270, 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.
Tuesday, September 22, 2015
23 September 2015
HSI Futures
U.S. stocks dropped on Tuesday as a selloff in commodities dragged down materials companies while Volkswagen suppliers' shares dropped following the German carmaker's emissions scandal.
Hong Kong stocks ended modestly higher on Tuesday, buoyed by improved sentiment in global markets while investors focused on an upcoming meeting between China's President Xi Jinping and U.S. President Barack Obama. Investors will be eyeing the release of China's flash Caixin PMI for September due for 9.45 am this morning while Japan markets remain shut for Autumn Equinox holiday.
Plan A : Above 21771, do nothing
Plan B : Below 21529, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 21686
Plan D : Cut above 21771
Plan E : Consider buying only if market supports above 21582 and triggers a buy
Plan F : Cut below 21771
FKLI
Market triggered a sell signal yesterday amid weaker RM against USD. Market may not crash down just yet but selling pressure is expected to remain present especially if cash market fails to hold above 1632 level today. Selling can be attempted but sellers are advised to avoid selling at too big discount to the cash market.
Plan A : Attempt selling if market remains below 1623
Plan B : Cut above 1630
Plan C : Intraday buying to be considered only if market test 1603 and rebounds
Plan D : Cut below 1600
FCPO
Market had choppy run on Tuesday with first session rally and second session gap-down. Dalian and soybean oil are slightly up while Ringgit further weakened to RM4.34 against the US Dollar.
Plan A : Intraday investor may buy if market could support above 2163 or 2144. Target is 2207 and 2244.
Plan B : Fresh seller may sell if market could rebound but resist at 2207. Target is 2163 and 2144.
Plan C : Above 2210, do nothing.
Plan D : Below 2160, do nothing.
U.S. stocks dropped on Tuesday as a selloff in commodities dragged down materials companies while Volkswagen suppliers' shares dropped following the German carmaker's emissions scandal.
Hong Kong stocks ended modestly higher on Tuesday, buoyed by improved sentiment in global markets while investors focused on an upcoming meeting between China's President Xi Jinping and U.S. President Barack Obama. Investors will be eyeing the release of China's flash Caixin PMI for September due for 9.45 am this morning while Japan markets remain shut for Autumn Equinox holiday.
Plan A : Above 21771, do nothing
Plan B : Below 21529, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 21686
Plan D : Cut above 21771
Plan E : Consider buying only if market supports above 21582 and triggers a buy
Plan F : Cut below 21771
FKLI
Market triggered a sell signal yesterday amid weaker RM against USD. Market may not crash down just yet but selling pressure is expected to remain present especially if cash market fails to hold above 1632 level today. Selling can be attempted but sellers are advised to avoid selling at too big discount to the cash market.
Plan A : Attempt selling if market remains below 1623
Plan B : Cut above 1630
Plan C : Intraday buying to be considered only if market test 1603 and rebounds
Plan D : Cut below 1600
FCPO
Market had choppy run on Tuesday with first session rally and second session gap-down. Dalian and soybean oil are slightly up while Ringgit further weakened to RM4.34 against the US Dollar.
Plan A : Intraday investor may buy if market could support above 2163 or 2144. Target is 2207 and 2244.
Plan B : Fresh seller may sell if market could rebound but resist at 2207. Target is 2163 and 2144.
Plan C : Above 2210, do nothing.
Plan D : Below 2160, 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.
Monday, September 21, 2015
22 September 2015
HSI Futures
U.S. stocks ended higher on Monday, rebounding from losses late last week with help from Apple and financial shares, but a drop in biotech shares limited the advance.
Hong Kong stocks sagged on Monday, weighed down by broad weakness in markets amid lingering worries about global economic growth. Japan remains close for National Day holiday today.
Plan A : Above 21805, do nothing
Plan B : Below 21525, do nothing
Plan C : Attempt selling if market stays below 21675
Plan D : Cut above 21750
Plan E : Consider buying only if market holds firm above 21525 and triggers a buy
Plan F : Cut below 21680
FKLI
Eager sellers were seen pressuring the market down from yesterday's opening till the end but support level at 1620s seen to be intact for the time being. Support and resistance levels stood at 1623 and 1646 respectively. Market look likely to consolidate within this range for today's trade. Only a convincing breakout from this range would see clearer picture on next market direction.
Plan A : Consider selling if market rebounds but fails to break above 1646
Plan B : Cut above 1654
Plan C : Attempt buying if market remains firm above 1628-1630
Plan D : Cut below 1623
FCPO
FCPO's opening on Monday caught investor with surprise as the price opened far from expectation, disregarded the poor performance of overnight soybean oil. Market on the other hand reversed the situation by churning to vigorous correction. Dalian and overnight soybean oil are quite strong today while Ringgit remains at RM 4.27 against the Dollar.
Plan A : Intraday investor may sell if market could rebound but resist at 2167 or 2178. Targets are 2140, 2127 and 2114.
Plan B : Buyer may wait for the opportunity as where market could form a support. Will keep subscriber updated.
Plan C : Above 2180, do nothing.
Plan D : Below 2110, do nothing.
U.S. stocks ended higher on Monday, rebounding from losses late last week with help from Apple and financial shares, but a drop in biotech shares limited the advance.
Hong Kong stocks sagged on Monday, weighed down by broad weakness in markets amid lingering worries about global economic growth. Japan remains close for National Day holiday today.
Plan A : Above 21805, do nothing
Plan B : Below 21525, do nothing
Plan C : Attempt selling if market stays below 21675
Plan D : Cut above 21750
Plan E : Consider buying only if market holds firm above 21525 and triggers a buy
Plan F : Cut below 21680
FKLI
Eager sellers were seen pressuring the market down from yesterday's opening till the end but support level at 1620s seen to be intact for the time being. Support and resistance levels stood at 1623 and 1646 respectively. Market look likely to consolidate within this range for today's trade. Only a convincing breakout from this range would see clearer picture on next market direction.
Plan A : Consider selling if market rebounds but fails to break above 1646
Plan B : Cut above 1654
Plan C : Attempt buying if market remains firm above 1628-1630
Plan D : Cut below 1623
FCPO
FCPO's opening on Monday caught investor with surprise as the price opened far from expectation, disregarded the poor performance of overnight soybean oil. Market on the other hand reversed the situation by churning to vigorous correction. Dalian and overnight soybean oil are quite strong today while Ringgit remains at RM 4.27 against the Dollar.
Plan A : Intraday investor may sell if market could rebound but resist at 2167 or 2178. Targets are 2140, 2127 and 2114.
Plan B : Buyer may wait for the opportunity as where market could form a support. Will keep subscriber updated.
Plan C : Above 2180, do nothing.
Plan D : Below 2110, 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.
Sunday, September 20, 2015
21 September 2015
HSI Futures
Wall Street stocks closed lower on Friday in heavy trading as the Federal Reserve's decision to keep interest rates near zero fueled concerns about the potential impact of continuing weak global growth on U.S. corporate earnings.
Hong Kong stocks rose on Friday after the U.S. Federal Reserve held off from raising interest rates, citing concerns about global economic weakness. Japan markets will close for three consecutive days starting from today due to various celebration holidays.
Plan A : Above 22249, do nothing
Plan B : Below 21804, do nothing
Plan C : Attempt selling if market trades below 21920
Plan D : Cut above 22090
Plan E : Consider buying if market stays firm above 21950
Plan F : Cut below 21870
FKLI
Market is expected to open lower today not only because U.S. Dow was down 290-points last Friday but also launch of FBI investigation into allegations of money-laundering at Malaysia state fund 1MDB. Selling pressure could comes in especially if market trades below 1656 today. Failure to hold above this level for closing today would likely see a new downtrend for the market.
Plan A : Attempt selling if market stays below 1656
Plan B : Cut above 1669
Plan C : No buying to be attempted for now unless market dived to 1603-level and rebounds
Plan D : Cut below 1595
FCPO
FCPO fell further though there was some hiccups in the earlier session on last Friday. Dalian and overnight soybean oil are quite weak while Ringgit stays at RM4.24 against the US Dollar.
Plan A : Overnight seller hold on to position. Resistance is looking 2132. Targets are 2071, 2053 and 2035.
Plan B : Intraday investor or fresh seller may sell if market could rebound and resist at 2105. Targets are 2071 and 2053.
Plan C : Buyer may stay out.
Plan D : Above 2105, do nothing.
Plan E : Below 2070, do nothing.
Wall Street stocks closed lower on Friday in heavy trading as the Federal Reserve's decision to keep interest rates near zero fueled concerns about the potential impact of continuing weak global growth on U.S. corporate earnings.
Hong Kong stocks rose on Friday after the U.S. Federal Reserve held off from raising interest rates, citing concerns about global economic weakness. Japan markets will close for three consecutive days starting from today due to various celebration holidays.
Plan A : Above 22249, do nothing
Plan B : Below 21804, do nothing
Plan C : Attempt selling if market trades below 21920
Plan D : Cut above 22090
Plan E : Consider buying if market stays firm above 21950
Plan F : Cut below 21870
FKLI
Market is expected to open lower today not only because U.S. Dow was down 290-points last Friday but also launch of FBI investigation into allegations of money-laundering at Malaysia state fund 1MDB. Selling pressure could comes in especially if market trades below 1656 today. Failure to hold above this level for closing today would likely see a new downtrend for the market.
Plan A : Attempt selling if market stays below 1656
Plan B : Cut above 1669
Plan C : No buying to be attempted for now unless market dived to 1603-level and rebounds
Plan D : Cut below 1595
FCPO
FCPO fell further though there was some hiccups in the earlier session on last Friday. Dalian and overnight soybean oil are quite weak while Ringgit stays at RM4.24 against the US Dollar.
Plan A : Overnight seller hold on to position. Resistance is looking 2132. Targets are 2071, 2053 and 2035.
Plan B : Intraday investor or fresh seller may sell if market could rebound and resist at 2105. Targets are 2071 and 2053.
Plan C : Buyer may stay out.
Plan D : Above 2105, do nothing.
Plan E : Below 2070, 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.
Thursday, September 17, 2015
18 September 2015
HSI Futures
Major Wall Street indexes gave up a 1-percent rally to end lower on Thursday after the Federal Reserve cited concerns about global economic growth in its decision to hold off on raising interest rates.
Hong Kong's benchmark Hang Seng Index surrendered early gains of as much as 1 percent and ended Thursday lower, dragged by a last-hour slide in mainland stocks, as investors awaited the U.S. Federal Reserve's policy decision later in the day.
Plan A : Above 22249, do nothing
Plan B : Below 21530, do nothing
Plan C : Attempt selling if market stays below 21804
Plan D : Cut above 21890
Plan E : Consider buying if market holds firm above 21707 and triggers a buy
Plan F : Cut below 21790
FKLI
Market opened gap up and surged to an intraday high of 1689.5 before hovering around the 1670-level yesterday as investors stay cautious ahead of Fed rates decision. Market was seen holding quite well overall despite some attempts to pressure the market late in the afternoon. Market is expected to remain firm for the time being even if eager sellers comes in today.
Plan A : Selling to be attempted either near the 1690-level of if market fails to hold above 1660
Plan B : Resistance stood at 1692
Plan C : Attempt buying if market retrace but holds firmly above 1662.5
Plan D : Cut below 1660
FCPO
FCPO opened down on Thursday morning followed by a quick plunge after triggering some stop orders and it eventually ended low towards the eleventh hour. Dalian and soybean oil are slightly weak today while Ringgit marked at RM4.23 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2151. Target is 2105 and 2071.
Plan B : Intraday investor and fresh seller may sell if market could rebound and resist at 2143. Target is 2105 and 2071.
Plan C : Buyer may stay out.
Plan D : Above 2150, do nothing.
Plan E : Below 2100, do nothing.
Major Wall Street indexes gave up a 1-percent rally to end lower on Thursday after the Federal Reserve cited concerns about global economic growth in its decision to hold off on raising interest rates.
Hong Kong's benchmark Hang Seng Index surrendered early gains of as much as 1 percent and ended Thursday lower, dragged by a last-hour slide in mainland stocks, as investors awaited the U.S. Federal Reserve's policy decision later in the day.
Plan A : Above 22249, do nothing
Plan B : Below 21530, do nothing
Plan C : Attempt selling if market stays below 21804
Plan D : Cut above 21890
Plan E : Consider buying if market holds firm above 21707 and triggers a buy
Plan F : Cut below 21790
FKLI
Market opened gap up and surged to an intraday high of 1689.5 before hovering around the 1670-level yesterday as investors stay cautious ahead of Fed rates decision. Market was seen holding quite well overall despite some attempts to pressure the market late in the afternoon. Market is expected to remain firm for the time being even if eager sellers comes in today.
Plan A : Selling to be attempted either near the 1690-level of if market fails to hold above 1660
Plan B : Resistance stood at 1692
Plan C : Attempt buying if market retrace but holds firmly above 1662.5
Plan D : Cut below 1660
FCPO
FCPO opened down on Thursday morning followed by a quick plunge after triggering some stop orders and it eventually ended low towards the eleventh hour. Dalian and soybean oil are slightly weak today while Ringgit marked at RM4.23 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2151. Target is 2105 and 2071.
Plan B : Intraday investor and fresh seller may sell if market could rebound and resist at 2143. Target is 2105 and 2071.
Plan C : Buyer may stay out.
Plan D : Above 2150, do nothing.
Plan E : Below 2100, 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.
Wednesday, September 16, 2015
17 September 2015
HSI Futures
Energy stocks pushed Wall Street higher on Wednesday due to an almost 6-percent jump in oil prices, but many investors stayed on the sidelines a day ahead of the U.S. Federal Reserve's decision on interest rates.
China stocks posted their biggest gains in three weeks on Wednesday, helped by a spike in late trade, a phenomenon which many traders believe is a sign of government intervention to push up prices before the closing bell. All eyes will be on tonight's FOMC's decision where U.S. could raise short-term interest rate for the first time in nine years.
Plan A : Above 22157, do nothing
Plan B : Below 21748, do nothing
Plan C : Consider selling if market gaps up but fails to break above 22157
Plan D : Cut above 22200
Plan E : Attempt buying if market corrects but holds firm above 21749
Plan F : Cut below 21616
FKLI
Market continued to trade higher despite fear of Wednesday's rally. A rather peaceful rally coupled with stronger RM and higher crude oil prices could provide a better catalyst for market to open higher today. Market is deemed to be firm as long as it stays strong above 1633-level.
Plan A : Attempt buying if market opens not far from 1633
Plan B : Cut below 1633
Plan C : Consider selling only if market surges but fails to breach above 1662.5
Plan D : Cut above 1667
FCPO
FCPO gap-up to 2207 on Tuesday and it gradually stepped down 'till the closing bell. Dalian and soybean oil are mixed today while RM had drastic turn around at RM4.24 against the US Dollar. Today is the first day of switch month, investor please take note.
Plan A : Overnight seller hold on to position. Resistance is looking at 2195. Target is 2139 and 2105.
Plan B : Intraday investor and fresh seller may sell if market resist at 2186. Target is 2166 and 2139.
Plan C : Buyer stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2130, do nothing.
Energy stocks pushed Wall Street higher on Wednesday due to an almost 6-percent jump in oil prices, but many investors stayed on the sidelines a day ahead of the U.S. Federal Reserve's decision on interest rates.
China stocks posted their biggest gains in three weeks on Wednesday, helped by a spike in late trade, a phenomenon which many traders believe is a sign of government intervention to push up prices before the closing bell. All eyes will be on tonight's FOMC's decision where U.S. could raise short-term interest rate for the first time in nine years.
Plan A : Above 22157, do nothing
Plan B : Below 21748, do nothing
Plan C : Consider selling if market gaps up but fails to break above 22157
Plan D : Cut above 22200
Plan E : Attempt buying if market corrects but holds firm above 21749
Plan F : Cut below 21616
FKLI
Market continued to trade higher despite fear of Wednesday's rally. A rather peaceful rally coupled with stronger RM and higher crude oil prices could provide a better catalyst for market to open higher today. Market is deemed to be firm as long as it stays strong above 1633-level.
Plan A : Attempt buying if market opens not far from 1633
Plan B : Cut below 1633
Plan C : Consider selling only if market surges but fails to breach above 1662.5
Plan D : Cut above 1667
FCPO
FCPO gap-up to 2207 on Tuesday and it gradually stepped down 'till the closing bell. Dalian and soybean oil are mixed today while RM had drastic turn around at RM4.24 against the US Dollar. Today is the first day of switch month, investor please take note.
Plan A : Overnight seller hold on to position. Resistance is looking at 2195. Target is 2139 and 2105.
Plan B : Intraday investor and fresh seller may sell if market resist at 2186. Target is 2166 and 2139.
Plan C : Buyer stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2130, 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.
Monday, September 14, 2015
15 September 2015
HSI Futures
U.S. stocks closed down on Monday as many investors put off making big bets ahead of the Federal Reserve's policy meeting this week and others worried about weak economic data from China.
Hong Kong shares rose on Monday, but the gains were limited by a sharp correction in mainland stocks, as investors await this week's rate decision by the U.S. Federal Reserve.
Plan A : Above 21804, do nothing
Plan B : Below 21307, do nothing
Plan C : Consider selling if market stays below 21530
Plan D : Cut above 21710
Plan E : Attempt buying if market trades firmly above 21530
Plan F : Cut below 21450
FKLI
A RM20bil package to support undervalued stocks through ValueCap sent our market higher in afternoon session yesterday. A round of fiery buying by local institutions were seen after Prime Minister announced several measures to stabilize the money markets. Market might temporary stay positive for the time being but some profit taking activities could kick in before market close today ahead of the red shirt rally tomorrow.
Plan A : Wait for minor pullback before entering buy, possibly around the 1615 level if it holds firm
Plan B : Cut below 1602
Plan C : Selling to be considered only after market test 1662-level and fails to break through
Plan D : Cut above 1667
FCPO
FCPO stubbornly edged up on Monday like there is no tomorrow. Unlike last Friday, buyer held on to position overnight as there was no selling off near closing bell. Dalian and soybean oil are quite strong today while Ringgit remains at RM4.30 against the US Dollar.
Plan A : Fresh seller and intraday investor may sell if market resisted at 2196 or 2211. Target is 2173 or 2133. Hold overnight if support is broken. Subscriber wait for signal.
Plan B : Buyer may stay out.
Plan C : Above 2210, do nothing.
Plan D : Below 2130, 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.
U.S. stocks closed down on Monday as many investors put off making big bets ahead of the Federal Reserve's policy meeting this week and others worried about weak economic data from China.
Hong Kong shares rose on Monday, but the gains were limited by a sharp correction in mainland stocks, as investors await this week's rate decision by the U.S. Federal Reserve.
Plan A : Above 21804, do nothing
Plan B : Below 21307, do nothing
Plan C : Consider selling if market stays below 21530
Plan D : Cut above 21710
Plan E : Attempt buying if market trades firmly above 21530
Plan F : Cut below 21450
FKLI
A RM20bil package to support undervalued stocks through ValueCap sent our market higher in afternoon session yesterday. A round of fiery buying by local institutions were seen after Prime Minister announced several measures to stabilize the money markets. Market might temporary stay positive for the time being but some profit taking activities could kick in before market close today ahead of the red shirt rally tomorrow.
Plan A : Wait for minor pullback before entering buy, possibly around the 1615 level if it holds firm
Plan B : Cut below 1602
Plan C : Selling to be considered only after market test 1662-level and fails to break through
Plan D : Cut above 1667
FCPO
FCPO stubbornly edged up on Monday like there is no tomorrow. Unlike last Friday, buyer held on to position overnight as there was no selling off near closing bell. Dalian and soybean oil are quite strong today while Ringgit remains at RM4.30 against the US Dollar.
Plan A : Fresh seller and intraday investor may sell if market resisted at 2196 or 2211. Target is 2173 or 2133. Hold overnight if support is broken. Subscriber wait for signal.
Plan B : Buyer may stay out.
Plan C : Above 2210, do nothing.
Plan D : Below 2130, 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.
Sunday, September 13, 2015
14 September 2015
HSI Futures
U.S. stocks rose on Friday and the S&P 500 posted its biggest weekly gain since July as investors weighed whether the Federal Reserve will raise interest rates this week.
Hong Kong stocks surrendered morning gains and ended lower on Friday as a midweek rebound appear to peter out.
Plan A : Above 21805, do nothing
Plan B : Below 21307, do nothing
Plan C : Attempt selling if market stays below 21530
Plan D : Cut above 21710
Plan E : Consider buying if market test 21307 and rebounds
Plan F : Cut below 21307
FKLI
Market once again failed to break above 1600 and settled at 1581 for the week. Upcoming September 16 rally and rates decision by U.S. Federal Reserve will be investors' concerns for this week. Failure to hold above 1575 might trigger a new wave of selling.
Plan A : Attempt selling if market stays below 1589 today
Plan B : Cut above 1601
Plan C : Consider buying if market test 1575 and rebounds
Plan D : Cut below 1567
FCPO
Market continue its rally to 2180 last week eventually tumbled towards the second session, ended the day with low closing. Dalian and soybean oil are trading weak while Ringgit stays put at RM4.30 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2148. Target is 2092, 2062 and 2044.
Plan B : Buyer may stay out of market.
Plan C : Fresh seller or intraday investor may sell if market could rebound and resist at 2148. Target is 2121, 2112 and 2092.
Plan D : Above 2150, do nothing.
Plan E : Below 2100, 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.
U.S. stocks rose on Friday and the S&P 500 posted its biggest weekly gain since July as investors weighed whether the Federal Reserve will raise interest rates this week.
Hong Kong stocks surrendered morning gains and ended lower on Friday as a midweek rebound appear to peter out.
Plan A : Above 21805, do nothing
Plan B : Below 21307, do nothing
Plan C : Attempt selling if market stays below 21530
Plan D : Cut above 21710
Plan E : Consider buying if market test 21307 and rebounds
Plan F : Cut below 21307
FKLI
Market once again failed to break above 1600 and settled at 1581 for the week. Upcoming September 16 rally and rates decision by U.S. Federal Reserve will be investors' concerns for this week. Failure to hold above 1575 might trigger a new wave of selling.
Plan A : Attempt selling if market stays below 1589 today
Plan B : Cut above 1601
Plan C : Consider buying if market test 1575 and rebounds
Plan D : Cut below 1567
FCPO
Market continue its rally to 2180 last week eventually tumbled towards the second session, ended the day with low closing. Dalian and soybean oil are trading weak while Ringgit stays put at RM4.30 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2148. Target is 2092, 2062 and 2044.
Plan B : Buyer may stay out of market.
Plan C : Fresh seller or intraday investor may sell if market could rebound and resist at 2148. Target is 2121, 2112 and 2092.
Plan D : Above 2150, do nothing.
Plan E : Below 2100, 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.
Thursday, September 10, 2015
11 September 2015
HSI Futures
U.S. stocks ended higher on Thursday in another day of broad swings as investors showed nervousness ahead of next week's much-anticipated Federal Reserve meeting, but gains in Apple and biotech shares supported the day's advance.
Hong Kong shares tumbled down on Thursday, tracking regional and U.S. markets, as investors took profits following a rally over the two previous days.
Plan A : Above 21805, do nothing
Plan B : Below 21307, do nothing
Plan C : Attempt selling if market stays below 21530
Plan D : Cut above 21710
Plan E : Consider buying only if market test 21307 and rebounds
Plan F : Cut below 21307
FKLI
Market conned many investors into selling with selling signal triggered in the morning but rebounded again around noon. Market is expected to remain tricky today with buyers and sellers battling out once again.
Plan A : Attempt buying if market holds firm above 1584
Plan B : Cut below 1578
Plan C : Consider intraday selling only if market once again touch 1600-level and fails to breach through
Plan D : Cut above 1607
FCPO
FCPO caught investor with surprised upside at the closing bell. It looks like market isn't ready for any correction at this moment. Dalian and soybean oil are quite positive today while Ringgit hovers around RM 4.28 to RM 4.30 against the US Dollar.
Plan A : Intraday investor may buy if market could retrace and support above 2129. Target is 2160, 2189 and 2195
Plan B : Fresh seller or intraday investor may sell when market exhausted at the upside. Resistance are 2160 and 2189. Target is 2139 and 2129.
Plan C : Above 2190, do nothing.
Plan D : Below 2130, do nothing.
U.S. stocks ended higher on Thursday in another day of broad swings as investors showed nervousness ahead of next week's much-anticipated Federal Reserve meeting, but gains in Apple and biotech shares supported the day's advance.
Hong Kong shares tumbled down on Thursday, tracking regional and U.S. markets, as investors took profits following a rally over the two previous days.
Plan A : Above 21805, do nothing
Plan B : Below 21307, do nothing
Plan C : Attempt selling if market stays below 21530
Plan D : Cut above 21710
Plan E : Consider buying only if market test 21307 and rebounds
Plan F : Cut below 21307
FKLI
Market conned many investors into selling with selling signal triggered in the morning but rebounded again around noon. Market is expected to remain tricky today with buyers and sellers battling out once again.
Plan A : Attempt buying if market holds firm above 1584
Plan B : Cut below 1578
Plan C : Consider intraday selling only if market once again touch 1600-level and fails to breach through
Plan D : Cut above 1607
FCPO
FCPO caught investor with surprised upside at the closing bell. It looks like market isn't ready for any correction at this moment. Dalian and soybean oil are quite positive today while Ringgit hovers around RM 4.28 to RM 4.30 against the US Dollar.
Plan A : Intraday investor may buy if market could retrace and support above 2129. Target is 2160, 2189 and 2195
Plan B : Fresh seller or intraday investor may sell when market exhausted at the upside. Resistance are 2160 and 2189. Target is 2139 and 2129.
Plan C : Above 2190, do nothing.
Plan D : Below 2130, 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.
Wednesday, September 9, 2015
10 September 2015
HSI Futures
U.S. stocks ended more than 1 percent lower on Wednesday after rallying the day before, led by declines in shares of Apple and energy companies, which fell with oil prices.
Hong Kong stocks rose sharply for a second day on Wednesday, with the benchmark Hang Seng index posting its biggest one-day percentage gain in nearly four years.
Plan A : Above 22249, do nothing
Plan B : Below 21529, do nothing
Plan C : Attempt selling if market stays below 21804
Plan D : Cut above 21928
Plan E : Buy only if market corrects and holds firm above 21529
Plan F : Cut below 21435
FKLI
Market tricked many people into buying yesterday with its buying signal triggered but failure to break resistance at 1600 proven costly. The highest rebound of 1599 at its second attempt in the afternoon further dampened any hopes of breaking above 1600 level for now. Sellers are expected to come in with strength once again today after disappointment in overnight Dow.
Plan A : Attempt selling around 1579-1584
Plan B : Cut above 1590
Plan C : No buying to be attempted for the time being
Plan D : Next support seen at 1567/1557/1546.5
FCPO
FCPO ramped to high of 2132 and swiftly retraced, hovering around 2110's level on Wednesday. Dalian and soybean oil are weak while Ringgit is at RM4.34 against the US Dollar. Market though it is still on uptrend, the prices may be too extreme for buyer. Therefore, intraday investor be alert for the sell signal.
Plan A : Overnight seller hold on to position. Resistance is looking at 2132. Target is 2054 and 2028.
Plan B : Intraday investor and fresh seller may sell if market could rebound and resist at 2116 and 2109. Target is 2080, 2074 and 2068.
Plan C : Buyer may stay out today.
Plan D : Above 2120, do nothing.
Plan E : Below 2060, do nothing.
We are doing recruitment for our office in PJ..anyone interested kindly email us at futures.coin@gmail.com. Thank you
U.S. stocks ended more than 1 percent lower on Wednesday after rallying the day before, led by declines in shares of Apple and energy companies, which fell with oil prices.
Hong Kong stocks rose sharply for a second day on Wednesday, with the benchmark Hang Seng index posting its biggest one-day percentage gain in nearly four years.
Plan A : Above 22249, do nothing
Plan B : Below 21529, do nothing
Plan C : Attempt selling if market stays below 21804
Plan D : Cut above 21928
Plan E : Buy only if market corrects and holds firm above 21529
Plan F : Cut below 21435
FKLI
Market tricked many people into buying yesterday with its buying signal triggered but failure to break resistance at 1600 proven costly. The highest rebound of 1599 at its second attempt in the afternoon further dampened any hopes of breaking above 1600 level for now. Sellers are expected to come in with strength once again today after disappointment in overnight Dow.
Plan A : Attempt selling around 1579-1584
Plan B : Cut above 1590
Plan C : No buying to be attempted for the time being
Plan D : Next support seen at 1567/1557/1546.5
FCPO
FCPO ramped to high of 2132 and swiftly retraced, hovering around 2110's level on Wednesday. Dalian and soybean oil are weak while Ringgit is at RM4.34 against the US Dollar. Market though it is still on uptrend, the prices may be too extreme for buyer. Therefore, intraday investor be alert for the sell signal.
Plan A : Overnight seller hold on to position. Resistance is looking at 2132. Target is 2054 and 2028.
Plan B : Intraday investor and fresh seller may sell if market could rebound and resist at 2116 and 2109. Target is 2080, 2074 and 2068.
Plan C : Buyer may stay out today.
Plan D : Above 2120, do nothing.
Plan E : Below 2060, 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.
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