30 November 2015

HSI Futures

U.S. stock indexes ended little changed in light trading on Friday, with consumer stocks falling as investors fretted over early reports on the U.S. holiday shopping season and Disney's subscriber losses weighed on the market.

Hong Kong stocks slid on Friday, with the headline Hang Seng index posting its worst weekly performance in two months as a tumble in mainland stocks triggered anxiety across the region.

Plan A : Below 22161, do nothing
Plan B : Above 22332, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 22332
Plan D : Cut above 22402
Plan E : Consider intraday buying if market holds firm above 22161 and rebound
Plan F : Cut below 22100


FKLI

Market failed to continue its bullish momentum last Friday before closed lower as compared to previous day. Lackluster trading can be expected as a quiet trading in U.S. bring no leads to other markets. 

December contract:
Plan A : Attempt buying as long as market stays firm above 1662.5
Plan B : Cut below 1656.5
Plan C : Consider intraday sell if it surges but fails to break above 1674
Plan D : Cut above 1678


FCPO

FCPO performed relatively well last Friday but it could opens lower today amid poor Dalian and crude oil. It will be important for market to hold above 2342 if it were to remain bullish. Otherwise, profit taking selling could kick in today and even having a possibility of heading down further.

Plan A : Buy if market stays firm above 2342. Target 2368
Plan B : Sell if market rebounds to 2368 after a lower opening and fails to breach through. Target 2342/2326
Plan C : Above 2368, no fresh position
Plan D : Below 2326 , no fresh position



*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.