8 January 2014

HSI Futures

U.S. stocks ended higher on Tuesday, snapping the S&P 500's three-day losing streak to give the benchmark index its first positive session of 2014.

Hong Kong's Hang Seng Index rose fractionally on Tuesday, helped by surge of nearly 10 percent for exporter Li & Fung, but weakness in the mainland banking sector meant the H-share index still hasn't had a gain in 2014.

Market seems like consolidating after falling almost 1000-points within three days previously.

Plan A : Below 22557, do nothing

Plan B : Above 22784, do nothing

Plan C : Consider taking a short if market attempt but fails to breach above 22754

Plan D : Cut above 22784

Plan E : Consider buying if market supported well above 22606

Plan F : Cut below 22557

FKLI

Malaysian market seen trying to attempt some rebound but gains could be limited as long as Ringgit remains weak. 

Plan A : Attempt selling around 1838 level

Plan B : Cut above 1842

Plan C : Consider buying only if market comes closer to 1814 but supports well

Plan D : Cut below 1814


FCPO

CPO continued its down trend and it's expected to be the same today, moving in tandem with bean and dalian. Be patient and wait for the trade to come instead of rushing into the market.

Plan A : Consider selling only if market rebounds to 2571-2580 level.
Plan B : Cut above 2597
Plan C : Intraday buy can only be considered if market stays firm above 2525
Plan D : Cut below 2491

*Disclaimer: This information is intended to assist professional investors. 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.