U.S. equities fell on Tuesday, with financials lagging, as uncertainty around President-elect Donald Trump's policies grew. Dow closed about 60 points lower after briefly falling 100 points, with Goldman Sachs and JP Morgan Chase contributing the most losses. The S&P 500 fell 0.3 percent, with financials dropping more than 2 percent. Whereas, the NASDAQ composite declined 0.6 percent.
Hong Kong shares bounced back on Tuesday from the previous day's spill, but gains were capped as investors awaited British Prime Minister Theresa May's speech on Brexit later in the day and Friday's inauguration of Donald Trump as U.S. president.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription.
Plan A : Above 23012, no fresh position
Plan B : Below 22671, no fresh position
Plan C : Attempt buying if market stays firm above 22875
Plan D : Cut below 22825
Plan E : Consider selling only if market failed to support around 22739
Plan F : Cut above 22789
FKLI
FKLI experienced some profit taking on Tuesday since the fall from 1690.5. Prices rebounded to high of 1670 and stabilize at 1660's. The market is still in the midst of correction but whether there will be a turn around anytime soon, it is yet to witness.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription.
Plan A : Buy only if market holds firm above 1663.5
Plan B : Cut below 1659
Plan C : Consider selling if market failed to hold above 1670
Plan D : Cut above 1673
FCPO
FCPO bounced back steeply after a dive to 3062 on the switch month. The rebound was almost 100 points from the low and market settled almost day high at 3159. Dalian and soybean oil are slightly weak this morning while Ringgit strengthen against the greenback at RM4.44.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription.
Plan B : Buy if market retrace and support above 3127. Targets are 3138, 3149, 3178, 3202 and 3224.
Plan C : Above 3160, no fresh position.
Plan D : Below 3127, 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.
No comments:
Post a Comment