26 January 2016

HSI Futures

Wall Street sold off on Monday, pulled lower by further weakness in oil prices as energy shares led declines, with major indexes retreating after last week's strong gains.

Hong Kong stocks climbed on Monday, led by energy plays, as investors took cues from recovering oil prices and rebounding global equity markets.

Plan A : Above 19385, do nothing
Plan B : Below 19017, do nothing
Plan C : Attempt selling if market trades below 19132
Plan D : Cut above 19213
Plan E : Consider intraday buy if market holds firm above 19017 and triggers a buy
Plan F : Cut below 19017


FKLI

Market resumes trading today after weekend Thaipusam celebration. it will be important for market to at least hold above 1623 today in order to continue its buying momentum. Otherwise, market could retrace from here once again.

Plan A : Attempt selling if market fails to stay firm above 1623
Plan B : Cut above 1628
Plan C : Consider intraday buying if market retraced and rebound from 1612
Plan D : Cut below 1608


FCPO 

FCPO flattened over last Friday with some slight upside. Dalian and soybean oil are mixed today while Ringgit stays strong at RM4.28 vs the U.S. Dollar.

Plan A : Sell if market rebounded and resisted around 2466. Targets are 2430 and 2396. Hold overnight if market close below 2430 today.
Plan B : Buy if market retraced and support above 2451 for a while. Targets are 2466 and 2476.
Plan C : Above 2466, no fresh position.
Plan D : Below 2430, 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.