20 November 2015

HSI Futures

U.S. stocks ended mild as investor eyed some corporate news and awaiting for the December rate hike possibility from the data and the Fed speaker.

Hang Seng ran on rocky road recently with gaps, showing no sense of direction for the forthcoming week. With U.S. performance yesterday, Asia markets are likely to opened mixed thi morning.

Plan A : Sell if market could not breach 22541 and 22679. Targets are 22264 and 21383.
Plan B : Buy if market support above 22264. Targets are 22541 and 22711.
Plan C : Above 22700, do nothing.
Plan D : Below 22200, do nothing.

FKLI

Market had choppy run recently with no sight of a trend though it formerly showed some sell signal. 

Plan A : Sell if market could not breach 1662.5. Targets are 1646.5, 1638 and 1612.5.
Plan B : Buy if market support above 1653.5. Targets are 1660.5, 1669 and 1681.
Plan C : Above 1670, no fresh position.
Plan D : Below 1650, no fresh position.  


FCPO

FCPO consolidated on Thursday, however, the range narrowed and spare little room for intraday investor to trade. Dalian and soybean oil traded weak while Ringgit strengthen to RM4.30 against the U.S. Dollar.

Plan A : Overnight seller hold on to position. Resistance 2310 and 2325. Targets are 2260 and 2156.
Plan B : Sell if market rebound and resist at 2303. Targets are 2285, 2260 and 2245.
Plan C : Buy if market support above 2280. Targets are 2303, 2310, 2329 and 2347.
Plan D : Above 2310, no fresh position.
Plan E : Below 2260, 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.