29 December 2015

HSI Futures

Wall Street fell on Monday, hurt by a steep drop in oil prices as well as a dip in Apple shares, pushing the S&P 500 back into negative territory for 2015.

Hong Kong stocks fell on Monday pulled lower by a slump in mainland shares on the first trading day after last week's Christmas holiday.

Plan A : Above 22100, do nothing
Plan B : Below 21795, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 21987
Plan D : Cut above 22100
Plan E : Consider buying if market holds above 21795 and triggers a buy
Plan F : Cut below 21830


FKLI

FKLI performed well despite some setbacks in the regional markets. Market look set to hold firm for the rest of the year with window dressing activities going on. Any pullback could be mild with buying support presents whenever market retraces.

Plan A : Attempt buying as long as market stays firm above 1670
Plan B : Cut below 1667
Plan C : Consider selling only if market surges but fails to break above 1689.5
Plan D : Cut above 1697


FCPO

Weak overnight bean and Dalian will likely cause a lower opening for FCPO today. Market risk facing selling pressure for a second consecutive days today after failing to hold firm yesterday. Sellers however, are to be reminded that market is still on a buy signal as long as market stays firm above 2420.

Plan A : Attempt intraday sell if market stays below 2455
Plan B : Cut above 2465
Plan C : Consider buying if market supports above 2420 and rebound
Plan D : Cut below 2411


   
*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.