Monday, March 10, 2014

11 March 2014

HSI Futures

U.S. stocks dipped on Monday, weighed down by soft data out of China and Boeing's latest production setback.

Hong Kong shares suffered their biggest one-day loss in five weeks on Monday, after a slew of tepid China economic data over the weekend reignited fears of a bigger slowdown in the world's second-largest economy.

Plan A : Above 22435, do nothing
Plan B : Below 22100, do nothing
Plan C : Consider buying if market supports well above 22100 and triggers a buy
Plan D : Cut below 22100
Plan E : Attempt selling if market rebounds but fails to break above 22356
Plan F : Cut above 22435



FKLI

Market did triggered a bit of selling yesterday but market does not look like giving up yet as long as it stays above 1814

Plan A : Attempt buying between 1814-1816
Plan B : Cut below 1808
Plan C : Consider selling if market attempt to rebound but fails to break above 1830
Plan D : Cut above 1834


FCPO


FCPO went to a new high at 2910 yesterday after a short breather. Therefore, market is suspected to continue with its rally. Market is yet to soften until it finishes its rally. Overnight seller should have exited yesterday and wait for a new signal.

Plan A : If maket started off with a gap up, intraday seller could try some sell taking resistance at 2930. Profit target looking at 2907 and 2989.
Plan B : Intraday trader could attempt buying around 2890's taking 2889 as support. 
Plan C : Long term seller might need to wait for next signal.
Plan D : Above 2980, do nothing
Plan E : Below 2860, do nothing

*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 



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