3 March 2014

HSI Futures

The S&P 500 ended at another record close on Friday but well off the day's highs as worries about tensions in Ukraine caused investors to take profits ahead of the weekend. U.S. equity futures dipped at the open of electronic trading on Sunday, with concerns about Russia's aggression in the Ukraine weighing on sentiment. 

Hong Kong shares had a feeble finish to a strong month on Friday, with investors cutting exposure to Chinese cyclicals as a sliding yuan stoked jitters ahead of a manufacturing survey and a key parliamentary meeting next week.

Plan A : Above 23042, do nothing
Plan B : Below 22617, do nothing
Plan C : Consider selling if market opens gap up but fails to break above 23042
Plan D : Cut above 23042
Plan E : Consider buying only if market corrects but stays firm above 22617
Plan F : Cut below 22527


FKLI

FKLI managed to hold firm for final day of February close but market could be threaten today with fears of war erupting in Ukraine. 

Plan A : Attempt selling around 1830-1834
Plan B : Cut above 1838
Plan C : Buying can be considered if market dips but stays firm above 1811
Plan D : Cut below 1808


FCPO

FCPO has taken a short breather and continue to rally to a high of 2806 at very last minute. The whole market outlook is a healthy uptrend where go up with volume. 

Plan A : Overnight buyer hold on to position. Support at 2777 and resistance at 2853.
Plan B : Intraday investor could trade within the range of 2807 and 2853.
Plan C : Above 2860, do nothing.
Plan D : Below 2770, 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