FKLI
Market performed relatively weak yesterday with June month contract expired at 1879. July month contract will take over today but support seen at 1878. Failure to hold above this would see market heading towards 1867.5 next.
Plan A : Attempt selling if market fails to break above 1886
Plan B : Cut above 1890
Plan C : Consider buying if market holds above 1878 and rebounds
Plan D : Cut below 1878
FCPO
Although market managed to hold above 2418 yesterday, it will likely to go for a huge gap down today after overnight bean down 113 yesterday with dalian too slumping this morning. Buyers will have to extra careful today as any breakdown below 2360 will likely trigger a lot of long liquidations and hence pressuring the market lower.
Plan A : Consider intraday long if market holds above 2371 and rebounds
Plan B : Cut below 2360
Plan C : Attempt selling if market rebounds but fails to break above 2418
Plan D : Cut above 2453
*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
Monday, June 30, 2014
Sunday, June 29, 2014
30 June 2014
HSI Futures
U.S. stocks ended modestly higher on Friday, led by technology shares, though downbeat second-quarter and full-year forecasts from DuPont Co kept a lid on gains.
Hong Kong shares ended mixed on Friday after strong gains in the previous session, with weakness in insurance stocks weighing on sentiment.
Plan A : Above 23305, do nothing
Plan B : Below 23026, do nothing
Plan C : Consider selling if market surge but fails to break above 23305
Plan D : Cut above 23477
Plan E : Attempt buying if market holds firm above 23026 and triggers a buy after a lower opening
Plan F : Cut below 23026
FKLI
Market showed signs of weakness but still managed to hold above 1880 for the time being
Holding a long
Plan A : 1880-1892.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1892.5, consider taking profits first
Plan D : Intraday selling can be considered if market once again fails to break above 1892.5
Plan E : Cut above 1895
FCPO
It was a pretty bad performance from FCPO last Friday. Several support levels were broken. Any recovery would be expected to be weak as market seems to be heading south for now.
Plan A : Above 2475, do nothing
Plan B : Below 2418, do nothing
Plan C : Attempt selling between 2459-2464
Plan D : Cut above 2475
Plan E : Consider intraday buy if market rebounds from 2418
Plan F : Cut below 2396
*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
U.S. stocks ended modestly higher on Friday, led by technology shares, though downbeat second-quarter and full-year forecasts from DuPont Co kept a lid on gains.
Hong Kong shares ended mixed on Friday after strong gains in the previous session, with weakness in insurance stocks weighing on sentiment.
Plan A : Above 23305, do nothing
Plan B : Below 23026, do nothing
Plan C : Consider selling if market surge but fails to break above 23305
Plan D : Cut above 23477
Plan E : Attempt buying if market holds firm above 23026 and triggers a buy after a lower opening
Plan F : Cut below 23026
FKLI
Market showed signs of weakness but still managed to hold above 1880 for the time being
Holding a long
Plan A : 1880-1892.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1892.5, consider taking profits first
Plan D : Intraday selling can be considered if market once again fails to break above 1892.5
Plan E : Cut above 1895
FCPO
It was a pretty bad performance from FCPO last Friday. Several support levels were broken. Any recovery would be expected to be weak as market seems to be heading south for now.
Plan A : Above 2475, do nothing
Plan B : Below 2418, do nothing
Plan C : Attempt selling between 2459-2464
Plan D : Cut above 2475
Plan E : Consider intraday buy if market rebounds from 2418
Plan F : Cut below 2396
*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
Thursday, June 26, 2014
27 June 2014
HSI Futures
U.S. stocks ended slightly lower on Thursday after the president of the Federal Reserve Bank of St. Louis said interest-rate increases should come sooner rather than later.
Hong Kong's benchmark index had its best day in 1-1/2 months on Thursday, with investors upbeat on hopes that hikes in U.S. interest rates will be delayed after a surprisingly poor reading on the economy for the first quarter.
Plan A : Above 23305, do nothing
Plan B : Below 22919, do nothing
Plan C : Consider selling if market surge but fails to break above 23305
Plan D : Cut above 23477
Plan E : Attempt buying if market stays firm above 23026
Plan F : Cut below 22919
FKLI
Market closed at day's high level of 1892.5 after rebounded from a low of 1885.5. Market looked firm despite some minor profit taking activities
Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1903.5, consider taking profits first
Plan D : Intraday selling can only be considered if market surge but fails to break above 1903.5
Plan E : Cut above 1907
FCPO
It was a disappointing day for FCPO yesterday as it tumbled from 2502 and settled at almost day's low. Market must at least stays above 2453 today in order to avoid any further selling. Failure to hold might see market tumble to 2439 and 2418 next.
Plan A : Attempt buying if market stays firm above 2453 and rebounds
Plan B : Cut below 2439
Plan C : Consider intraday selling if market test 2489 but fails to break through
Plan D : Cut above 2505
*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
U.S. stocks ended slightly lower on Thursday after the president of the Federal Reserve Bank of St. Louis said interest-rate increases should come sooner rather than later.
Hong Kong's benchmark index had its best day in 1-1/2 months on Thursday, with investors upbeat on hopes that hikes in U.S. interest rates will be delayed after a surprisingly poor reading on the economy for the first quarter.
Plan A : Above 23305, do nothing
Plan B : Below 22919, do nothing
Plan C : Consider selling if market surge but fails to break above 23305
Plan D : Cut above 23477
Plan E : Attempt buying if market stays firm above 23026
Plan F : Cut below 22919
FKLI
Market closed at day's high level of 1892.5 after rebounded from a low of 1885.5. Market looked firm despite some minor profit taking activities
Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1903.5, consider taking profits first
Plan D : Intraday selling can only be considered if market surge but fails to break above 1903.5
Plan E : Cut above 1907
FCPO
It was a disappointing day for FCPO yesterday as it tumbled from 2502 and settled at almost day's low. Market must at least stays above 2453 today in order to avoid any further selling. Failure to hold might see market tumble to 2439 and 2418 next.
Plan A : Attempt buying if market stays firm above 2453 and rebounds
Plan B : Cut below 2439
Plan C : Consider intraday selling if market test 2489 but fails to break through
Plan D : Cut above 2505
*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
Wednesday, June 25, 2014
26 June 2014
HSI Futures
U.S. stocks rose on Wednesday, led by drug makers, while a Supreme Court ruling lifted the shares of major broadcasters.
The index of Chinese companies listed in Hong Kong edged down to a one-month closing low on Wednesday, weighed down by China banks and insurers, while the benchmark index remained tepid.
Plan A : Above 23026, do nothing
Plan B : Below 22747, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23026
Plan D : Cut above 23112
Plan E : Attempt buying if market stands firm above 22919
Plan F : Cut below 22747
FKLI
Market went through some profit taking selling yesterday but still managed to close above 1886. Market might hover between 1880-1903.5 for the rest of the month, pending any surprises.
Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1903.5, consider taking profits first
Plan D : Any selling would have to be intraday. Ie. sell if market fails to break above 1903.5
Plan E : Cut above 1907
FCPO
FCPO open high yesterday with second session market withdrew to 2481 at the very last minute. Market seems to stay positive as this stage as long as prices trading above support level.
Plan A : Overnight buyer may hold on to position. Support is looking at 2477 and profit target projection is at 2549 and 2639.
Plan B : Intraday trader could trade within range of 2481 to 2520.
Plan C : Buyer may accumulate buying position if market support at 2477.
Plan D : Above 2520, do nothing.
Plan E : Below 2470, 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
U.S. stocks rose on Wednesday, led by drug makers, while a Supreme Court ruling lifted the shares of major broadcasters.
The index of Chinese companies listed in Hong Kong edged down to a one-month closing low on Wednesday, weighed down by China banks and insurers, while the benchmark index remained tepid.
Plan A : Above 23026, do nothing
Plan B : Below 22747, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23026
Plan D : Cut above 23112
Plan E : Attempt buying if market stands firm above 22919
Plan F : Cut below 22747
FKLI
Market went through some profit taking selling yesterday but still managed to close above 1886. Market might hover between 1880-1903.5 for the rest of the month, pending any surprises.
Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate
Plan C : Above 1903.5, consider taking profits first
Plan D : Any selling would have to be intraday. Ie. sell if market fails to break above 1903.5
Plan E : Cut above 1907
FCPO
FCPO open high yesterday with second session market withdrew to 2481 at the very last minute. Market seems to stay positive as this stage as long as prices trading above support level.
Plan A : Overnight buyer may hold on to position. Support is looking at 2477 and profit target projection is at 2549 and 2639.
Plan B : Intraday trader could trade within range of 2481 to 2520.
Plan C : Buyer may accumulate buying position if market support at 2477.
Plan D : Above 2520, do nothing.
Plan E : Below 2470, 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
Tuesday, June 24, 2014
25 June 2014
HSI Futures
U.S. stocks fell on Tuesday as early enthusiasm from economic data faded and concerns about the violence in Iraq gave investors a reason to sell and book some profits, driving the Dow to its biggest drop in over a month.
Hong Kong shares on Tuesday recovered a bit of the ground lost the previous day when the index had its biggest fall in more than three months, although gains were limited by weaker Chinese gas and oil firms.
Plan A : Above 23026, do nothing
Plan B : Below 22747, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23026
Plan D : Cut above 23112
Plan E : Attempt buying if market firms up above 22747 and triggers a buy
Plan F : Cut below 22747
FKLI
Market continued its rally from opening to end in a day where buying interest were seen coming back into the market.
Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate position
Plan C : Consider take profit if market fails to break above 1903.5
Plan D : Intraday selling can only be considered if market fails to break above 1903.5
Plan E : Cut above 1907
FCPO
FCPO may resume with the rally today as the market has been hovering quite well above support. However, it is not advisable for buyer to chase buying at this stage.
Plan A : Overnight buyer may hold on to position and support level is targeting at 2464. Profit projection is at 2549 and 2639.
Plan B : Intraday investor may range trade within 2549 to 2494.
Plan C : Above 2550, do nothing.
Plan D : Below 2480, 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
U.S. stocks fell on Tuesday as early enthusiasm from economic data faded and concerns about the violence in Iraq gave investors a reason to sell and book some profits, driving the Dow to its biggest drop in over a month.
Hong Kong shares on Tuesday recovered a bit of the ground lost the previous day when the index had its biggest fall in more than three months, although gains were limited by weaker Chinese gas and oil firms.
Plan A : Above 23026, do nothing
Plan B : Below 22747, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23026
Plan D : Cut above 23112
Plan E : Attempt buying if market firms up above 22747 and triggers a buy
Plan F : Cut below 22747
FKLI
Market continued its rally from opening to end in a day where buying interest were seen coming back into the market.
Holding a long
Plan A : 1880-1903.5, do nothing
Plan B : Below 1880, liquidate position
Plan C : Consider take profit if market fails to break above 1903.5
Plan D : Intraday selling can only be considered if market fails to break above 1903.5
Plan E : Cut above 1907
FCPO
FCPO may resume with the rally today as the market has been hovering quite well above support. However, it is not advisable for buyer to chase buying at this stage.
Plan A : Overnight buyer may hold on to position and support level is targeting at 2464. Profit projection is at 2549 and 2639.
Plan B : Intraday investor may range trade within 2549 to 2494.
Plan C : Above 2550, do nothing.
Plan D : Below 2480, 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
Monday, June 23, 2014
24 June 2014
HSI Futures
U.S. stocks ended a quiet session on Monday essentially unchanged as investors found few reasons to keep buying following a six-day rally in the S&P 500, though merger activity lifted energy shares.
Hong Kong's benchmark index had its worst day in more than three months on Monday, with a small morning gain on a good flash China PMI number wiped out by across-the-board tumbles in the afternoon that seemed to catch analysts off guard.
Plan A : Below 22747, do nothing
Plan B : Above 23112, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23112
Plan D : Cut above 23198
Plan E : Intraday buying to be considered only if market stays firm above 22747 and triggers a buy on its 5 min chart
Plan F : Cut below 22747
FKLI
Market finally broke above 1886 but failed to close above it. Market will have to stand firm in order to avoid profit taking activities coming in.
Plan A : Attempt buying between 1878-1880
Plan B : Cut below 1874
Plan C : Consider intraday selling if market fails to break above 1888
Plan D : Cut above 1892.5
FCPO
FCPO gaped up yesterday morning followed by another wave of upside as the regional competitive substituents continue to spike during the first session close of the market. Market seems to break through the cloud and resume with its second rally.
Plan A : Overnight buyer hold on to position, taking support at 2435 and target projection at 2549.
Plan B : Intraday buyer may buy if support at 2469 stayed. Profit target is looking at 2496.
Plan C : Seller may stay out unless market gap up to 2496 during opening. If not, stay out.
Plan D : Above 2500, do nothing.
Plan E : Below 2430, 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
U.S. stocks ended a quiet session on Monday essentially unchanged as investors found few reasons to keep buying following a six-day rally in the S&P 500, though merger activity lifted energy shares.
Hong Kong's benchmark index had its worst day in more than three months on Monday, with a small morning gain on a good flash China PMI number wiped out by across-the-board tumbles in the afternoon that seemed to catch analysts off guard.
Plan A : Below 22747, do nothing
Plan B : Above 23112, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23112
Plan D : Cut above 23198
Plan E : Intraday buying to be considered only if market stays firm above 22747 and triggers a buy on its 5 min chart
Plan F : Cut below 22747
FKLI
Market finally broke above 1886 but failed to close above it. Market will have to stand firm in order to avoid profit taking activities coming in.
Plan A : Attempt buying between 1878-1880
Plan B : Cut below 1874
Plan C : Consider intraday selling if market fails to break above 1888
Plan D : Cut above 1892.5
FCPO
FCPO gaped up yesterday morning followed by another wave of upside as the regional competitive substituents continue to spike during the first session close of the market. Market seems to break through the cloud and resume with its second rally.
Plan A : Overnight buyer hold on to position, taking support at 2435 and target projection at 2549.
Plan B : Intraday buyer may buy if support at 2469 stayed. Profit target is looking at 2496.
Plan C : Seller may stay out unless market gap up to 2496 during opening. If not, stay out.
Plan D : Above 2500, do nothing.
Plan E : Below 2430, 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
Sunday, June 22, 2014
23 June 2014
HSI Futures
U.S. stocks rose on Friday, driving the Dow and the S&P 500 to close at record highs as the shares of 330 companies hit 52-week highs on the New York Stock Exchange.
Hong Kong shares snapped a four-day losing steak, as the beaten-down Macau gambling sector rebounded, but still suffered a loss for the week. Focus today will be on HSBC China manufacturing PMI data due to release at 9.45 this morning.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23279
Plan D : Cut above 23350
Plan E : Attempt buying if market holds firm above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market could have found its footing despite not able to break above 1886 just yet. The breakthrough could finally comes if market holds firmly above 1880 today
Plan A : Attempt long between 1878-1880
Plan B : Cut below 1875
Plan C : Avoid selling for the time being unless situation changes
FCPO
FCPO was tumbling in the event of selling pressure exerted to the market after a slight upwards commotion. Market ceiling at 2474 last friday and it started to fall from the high to the low of 2434. Today, it might be another brand new scenario that market might gap up in the morning as regional competitive substituents was doing quite well.
Plan A : Overnight buyer could hold on to position. Support is looking at 2419. Target projection is at 2549.
Plan B : Fresh seller may execute trade if 2477 is not breached. Target is looking at 2419 and 2400. Place a stop.
Plan C : Fresh buyer may wait for market to stabilize before entering. Not advisable to enter today unless 2438 become a firm support.
Plan D : Above 2480, do nothing.
Plan E : Below 2410, 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
U.S. stocks rose on Friday, driving the Dow and the S&P 500 to close at record highs as the shares of 330 companies hit 52-week highs on the New York Stock Exchange.
Hong Kong shares snapped a four-day losing steak, as the beaten-down Macau gambling sector rebounded, but still suffered a loss for the week. Focus today will be on HSBC China manufacturing PMI data due to release at 9.45 this morning.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23279
Plan D : Cut above 23350
Plan E : Attempt buying if market holds firm above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market could have found its footing despite not able to break above 1886 just yet. The breakthrough could finally comes if market holds firmly above 1880 today
Plan A : Attempt long between 1878-1880
Plan B : Cut below 1875
Plan C : Avoid selling for the time being unless situation changes
FCPO
FCPO was tumbling in the event of selling pressure exerted to the market after a slight upwards commotion. Market ceiling at 2474 last friday and it started to fall from the high to the low of 2434. Today, it might be another brand new scenario that market might gap up in the morning as regional competitive substituents was doing quite well.
Plan A : Overnight buyer could hold on to position. Support is looking at 2419. Target projection is at 2549.
Plan B : Fresh seller may execute trade if 2477 is not breached. Target is looking at 2419 and 2400. Place a stop.
Plan C : Fresh buyer may wait for market to stabilize before entering. Not advisable to enter today unless 2438 become a firm support.
Plan D : Above 2480, do nothing.
Plan E : Below 2410, 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
Thursday, June 19, 2014
20 June 2014
HSI Futures
The S&P 500 ended at another record high on Thursday, extending gains for a fifth day on investors' optimism that the Federal Reserve will keep interest rates low for a long period of time.
Hong Kong shares fell for the fourth consecutive day on Thursday, tracking steep losses in the China A-share markets where a resumption of initial public offerings is diverting funds away from already-listed stocks.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 23350
Plan D : Cut above 23464
Plan E : Consider buying if market triggers a buy after holding firm above 23094
Plan F : Cut below 23094
FKLI
Market hold firm above 1874 and attempted to rally but still failed to break above 1886 yesterday. Market must continue to hold firm in order to have any chance of surpassing 1886 in the coming days.
Plan A : Attempt buying around 1874-1876
Plan B : Cut below 1872
Plan C : Consider intraday sell if market opens higher but fails to break above 1886
Plan D : Cut above 1892
FCPO
FCPO has a smooth ride in the morning, however, selling pressure was exerted to the market during the second session especially during the last 5 minutes before closing. This might be due to the exit of the buyer and finally trigger the stop order to the low of 2440.
Plan A : Overnight buyer may hold on to position, taking support at 2419. Target is looking at 2540.
Plan B : Fresh buyer may buy if support at 2438 is supported. Intraday target is projected at 2496. Place a stop.
Plan C : Seller may have a chance if market could not breach resistance at 2469. Breaking defense at 2419 will literally favour seller. Target projection is 2400 and 2312. Place a stop.
Plan D : Above 2480, do nothing.
Plan E : Below 2400, 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
The S&P 500 ended at another record high on Thursday, extending gains for a fifth day on investors' optimism that the Federal Reserve will keep interest rates low for a long period of time.
Hong Kong shares fell for the fourth consecutive day on Thursday, tracking steep losses in the China A-share markets where a resumption of initial public offerings is diverting funds away from already-listed stocks.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 23350
Plan D : Cut above 23464
Plan E : Consider buying if market triggers a buy after holding firm above 23094
Plan F : Cut below 23094
FKLI
Market hold firm above 1874 and attempted to rally but still failed to break above 1886 yesterday. Market must continue to hold firm in order to have any chance of surpassing 1886 in the coming days.
Plan A : Attempt buying around 1874-1876
Plan B : Cut below 1872
Plan C : Consider intraday sell if market opens higher but fails to break above 1886
Plan D : Cut above 1892
FCPO
FCPO has a smooth ride in the morning, however, selling pressure was exerted to the market during the second session especially during the last 5 minutes before closing. This might be due to the exit of the buyer and finally trigger the stop order to the low of 2440.
Plan A : Overnight buyer may hold on to position, taking support at 2419. Target is looking at 2540.
Plan B : Fresh buyer may buy if support at 2438 is supported. Intraday target is projected at 2496. Place a stop.
Plan C : Seller may have a chance if market could not breach resistance at 2469. Breaking defense at 2419 will literally favour seller. Target projection is 2400 and 2312. Place a stop.
Plan D : Above 2480, do nothing.
Plan E : Below 2400, 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
Wednesday, June 18, 2014
19 June 2014
HSI Futures
U.S. stocks rose on Wednesday, with the S&P 500 ending at a record after the Federal Reserve hinted at a slightly faster pace of interest-rate increases starting next year but suggested rates in the long run would be lower than it had indicated previously.
Hong Kong shares finished a choppy session little changed on Wednesday, with turnover staying low as global markets brace for results from the U.S. Federal Reserve policy making meeting.
Plan A : Above 23279, do nothing
Plan B : Below 23094, do nothing
Plan C : Attempt intraday selling if market once again fails to break above 23279
Plan D : Cut above 23350
Plan E : Consider buying if market holds firm above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Another day of tight 4-points trading for FKLI yesterday. Market should be firmer today after a firm performance from overnight Dow. However, only a convincing break above 1880 would confirm a rally in the making. Otherwise, consolidation stage stays.
Plan A : Attempt buying between 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday sell if market fails to break above 1882
Plan D : Cut above 1886
FCPO
Market has moved on an up-channel and it might continue to move upwards today.
Plan A : Overnight buyer could hold on to position with support 2422. Profit target projection is at 2540 and 2633.
Plan B : Intraday investor could buy taking support at 2445. Profit is targeted at 2496.
Plan C : Seller may stay out today.
Plan D : Above 2500, do nothing.
Plan E : Below 2420, 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
U.S. stocks rose on Wednesday, with the S&P 500 ending at a record after the Federal Reserve hinted at a slightly faster pace of interest-rate increases starting next year but suggested rates in the long run would be lower than it had indicated previously.
Hong Kong shares finished a choppy session little changed on Wednesday, with turnover staying low as global markets brace for results from the U.S. Federal Reserve policy making meeting.
Plan A : Above 23279, do nothing
Plan B : Below 23094, do nothing
Plan C : Attempt intraday selling if market once again fails to break above 23279
Plan D : Cut above 23350
Plan E : Consider buying if market holds firm above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Another day of tight 4-points trading for FKLI yesterday. Market should be firmer today after a firm performance from overnight Dow. However, only a convincing break above 1880 would confirm a rally in the making. Otherwise, consolidation stage stays.
Plan A : Attempt buying between 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday sell if market fails to break above 1882
Plan D : Cut above 1886
FCPO
Market has moved on an up-channel and it might continue to move upwards today.
Plan A : Overnight buyer could hold on to position with support 2422. Profit target projection is at 2540 and 2633.
Plan B : Intraday investor could buy taking support at 2445. Profit is targeted at 2496.
Plan C : Seller may stay out today.
Plan D : Above 2500, do nothing.
Plan E : Below 2420, 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
Tuesday, June 17, 2014
18 June 2014
HSI Futures
U.S. stocks rose on Tuesday as data pointing to higher inflation lifted financial shares while high-growth tech names attracted renewed attention. Focus today will be on U.S. FOMC Yellen's speech after the meeting.
Hong Kong shares finished lower on Tuesday, dragged down by under performing financial companies and a weaker Macau gaming sector.
Plan A : Above 23279, do nothing
Plan B : Below 23094, do nothing
Plan C : Consider intraday selling if market fails to break above 23279 after a higher opening
Plan D : Cut above 23350
Plan E : Attempt buying if market holds firmly above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market continued to consolidate within the same range yesterday. It look likely to face the same scenario today unless market breaks out convincingly from the 1868-1880 range
Plan A : Attempt buying between 1870-1872
Plan B : Cut below 1868
Plan C : Consider intraday selling if market fails to breach above 1880
Plan D : Cut above 1886
FCPO
FCPO went to high of 2453 yesterday and eventually closed lower during the eleventh hour. Since market has done with the correction, forming a support at 2407 level, investor could consider to buy if support level is not breached.
Plan A : Buyer could buy if market support at 2407 and 2422. Profit target is looking at 2469 for intraday investor and 2540 for long term investor.
Plan B : Intraday seller could sell if 2453 not broken but do not chase selling if it is too far from resistance. Target is at 2407 and 2422.
Plan C : Above 2460, do nothing.
Plan D : Below 2390, 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
U.S. stocks rose on Tuesday as data pointing to higher inflation lifted financial shares while high-growth tech names attracted renewed attention. Focus today will be on U.S. FOMC Yellen's speech after the meeting.
Hong Kong shares finished lower on Tuesday, dragged down by under performing financial companies and a weaker Macau gaming sector.
Plan A : Above 23279, do nothing
Plan B : Below 23094, do nothing
Plan C : Consider intraday selling if market fails to break above 23279 after a higher opening
Plan D : Cut above 23350
Plan E : Attempt buying if market holds firmly above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market continued to consolidate within the same range yesterday. It look likely to face the same scenario today unless market breaks out convincingly from the 1868-1880 range
Plan A : Attempt buying between 1870-1872
Plan B : Cut below 1868
Plan C : Consider intraday selling if market fails to breach above 1880
Plan D : Cut above 1886
FCPO
FCPO went to high of 2453 yesterday and eventually closed lower during the eleventh hour. Since market has done with the correction, forming a support at 2407 level, investor could consider to buy if support level is not breached.
Plan A : Buyer could buy if market support at 2407 and 2422. Profit target is looking at 2469 for intraday investor and 2540 for long term investor.
Plan B : Intraday seller could sell if 2453 not broken but do not chase selling if it is too far from resistance. Target is at 2407 and 2422.
Plan C : Above 2460, do nothing.
Plan D : Below 2390, 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
Monday, June 16, 2014
17 June 2014
HSI Futures
U.S. stocks closed slightly higher on Monday, supported by a flurry of merger news, but turmoil in Iraq drove oil prices up and kept trading choppy.
Hong Kong shares finished a tick lower on Monday, with investors remaining cautious and awaiting direction from a U.S. Federal Reserve meeting which will conclude on Wednesday.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23350
Plan D : Cut above 23464
Plan E : Attempt buying if market gaps down but holds firmly above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market moved within a tight 4-points range yesterday with investors shying away from market as uncertainties grows. Market look likely to consolidate further until there is a fresh catalyst coming into the market
Plan A : Attempt selling if market opens higher but fails to break above 1880
Plan B : Cut above 1886
Plan C : Consider buying if market holds firm above 1870-1872
Plan D : Cut below 1868
FCPO
Despite the tremendous upside of soybean oil yesterday, market barely follow the trend except the gap up during the opening hour. Today, it might open lower as regional prices are depressed. Market needs to penetrate 2405 for market to come back to a sell signal.
Plan A : Fresh seller might sell if resistance at 2428 is not broken. Target is looking at 2390 and 2362.
Plan B : Buyer may stay out today.
Plan C : Above 2430, do nothing.
Plan D : Below 2350, 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
U.S. stocks closed slightly higher on Monday, supported by a flurry of merger news, but turmoil in Iraq drove oil prices up and kept trading choppy.
Hong Kong shares finished a tick lower on Monday, with investors remaining cautious and awaiting direction from a U.S. Federal Reserve meeting which will conclude on Wednesday.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23350
Plan D : Cut above 23464
Plan E : Attempt buying if market gaps down but holds firmly above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market moved within a tight 4-points range yesterday with investors shying away from market as uncertainties grows. Market look likely to consolidate further until there is a fresh catalyst coming into the market
Plan A : Attempt selling if market opens higher but fails to break above 1880
Plan B : Cut above 1886
Plan C : Consider buying if market holds firm above 1870-1872
Plan D : Cut below 1868
FCPO
Despite the tremendous upside of soybean oil yesterday, market barely follow the trend except the gap up during the opening hour. Today, it might open lower as regional prices are depressed. Market needs to penetrate 2405 for market to come back to a sell signal.
Plan A : Fresh seller might sell if resistance at 2428 is not broken. Target is looking at 2390 and 2362.
Plan B : Buyer may stay out today.
Plan C : Above 2430, do nothing.
Plan D : Below 2350, 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
Sunday, June 15, 2014
16 June 2014
HSI Futures
U.S. stocks edged up on Friday, boosted by bullish news from the tech sector, but major indexes fell for the week as unrest in Iraq kept investors on edge.
The index of Chinese companies listed in Hong Kong posted its 5th consecutive weekly gain on Friday, its longest winning streak since early 2012, lifted by bank shares.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 23350
Plan D : Cut above 23464
Plan E : Consider buying if market opens low but supports well above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market caught trading within a tight range as investors dare not take heavy positions with uncertainties in the market looming. Market could potentially caught trading between the range of 1868-1886 in days to come until there is a clearly picture on next market direction.
Plan A : Attempt buying between 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday sell around 1880 if market fails to breach through
Plan D : Cut above 1886
FCPO
FCPO rebounded strongly after touching an intraday low 2362 last Thursday. Market might have found their bottom and with talks of El Nino looming coupled with strong overnight bean, FCPO look to have a chance of reversing its down trend and surge from here on.
Plan A : Attempt buying if market holds firm above 2402-2407
Plan B : Cut below 2395
Plan C : Consider intraday sell only if market fails to break above 2459
Plan D : Cut above 2464
*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
U.S. stocks edged up on Friday, boosted by bullish news from the tech sector, but major indexes fell for the week as unrest in Iraq kept investors on edge.
The index of Chinese companies listed in Hong Kong posted its 5th consecutive weekly gain on Friday, its longest winning streak since early 2012, lifted by bank shares.
Plan A : Above 23350, do nothing
Plan B : Below 23094, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 23350
Plan D : Cut above 23464
Plan E : Consider buying if market opens low but supports well above 23094 and triggers a buy again
Plan F : Cut below 23094
FKLI
Market caught trading within a tight range as investors dare not take heavy positions with uncertainties in the market looming. Market could potentially caught trading between the range of 1868-1886 in days to come until there is a clearly picture on next market direction.
Plan A : Attempt buying between 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday sell around 1880 if market fails to breach through
Plan D : Cut above 1886
FCPO
FCPO rebounded strongly after touching an intraday low 2362 last Thursday. Market might have found their bottom and with talks of El Nino looming coupled with strong overnight bean, FCPO look to have a chance of reversing its down trend and surge from here on.
Plan A : Attempt buying if market holds firm above 2402-2407
Plan B : Cut below 2395
Plan C : Consider intraday sell only if market fails to break above 2459
Plan D : Cut above 2464
*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
Thursday, June 12, 2014
13 June 2014
HSI Futures
U.S. stocks fell on Thursday as concerns escalated about Iraq and after disappointing economic data on retail sales and jobless claims.
Hong Kong shares finished lower on Thursday, joining other Asian markets in slipping after Wall Street stepped back from record levels.
Plan A : Above 23279, do nothing
Plan B : Below 22980, do nothing
Plan C : Attempt selling if market opens high but fails to break above 23279
Plan D : Cut above 23350
Plan E : Consider buying if market holds firmly above 22980 and triggers a buy again
Plan F : Cut below 22980
FKLI
Market rebounded well from 1874.5 and settled almost at day's high yesterday. Weak overnight markets will prompt FKLI to open lower today but market will still deemed to be firm as long as it stays above 1868
Plan A : Attempt buying around 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday selling if market fails to break above 1886
Plan D : Cut above 1892.5
FCPO
FCPO flipped the market over during the second session opening hour and it continue to ramp up the hill 'till closing. The is due to the soybean oil
Plan A : Overnight seller may have exited the market as resistance at 2386 is breached. However, if you have not, please exit if market could not defend against 2416.
Plan B : Intraday investor could try to range trade within 2416 to 2375.
Plan C : Buyer may stay out unless it corrected itself and it supported above 2386.
Plan D : Above 2430, do nothing.
Plan E : Below 2370, 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
U.S. stocks fell on Thursday as concerns escalated about Iraq and after disappointing economic data on retail sales and jobless claims.
Hong Kong shares finished lower on Thursday, joining other Asian markets in slipping after Wall Street stepped back from record levels.
Plan A : Above 23279, do nothing
Plan B : Below 22980, do nothing
Plan C : Attempt selling if market opens high but fails to break above 23279
Plan D : Cut above 23350
Plan E : Consider buying if market holds firmly above 22980 and triggers a buy again
Plan F : Cut below 22980
FKLI
Market rebounded well from 1874.5 and settled almost at day's high yesterday. Weak overnight markets will prompt FKLI to open lower today but market will still deemed to be firm as long as it stays above 1868
Plan A : Attempt buying around 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday selling if market fails to break above 1886
Plan D : Cut above 1892.5
FCPO
FCPO flipped the market over during the second session opening hour and it continue to ramp up the hill 'till closing. The is due to the soybean oil
Plan A : Overnight seller may have exited the market as resistance at 2386 is breached. However, if you have not, please exit if market could not defend against 2416.
Plan B : Intraday investor could try to range trade within 2416 to 2375.
Plan C : Buyer may stay out unless it corrected itself and it supported above 2386.
Plan D : Above 2430, do nothing.
Plan E : Below 2370, 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
Wednesday, June 11, 2014
12 June 2014
HSI Futures
U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.
Hong Kong shares slipped on Wednesday as some investors cashed in recent gains after the benchmark index the previous day reached its highest close since Jan. 2.
Plan A : Above 23265, do nothing
Plan B : Below 22995, do nothing
Plan C : Consider selling if market fails to break above 23144 and triggers a sell again
Plan D : Cut above 23265
Plan E : Consider buying only if market stubbornly holds above 22995 and triggers a buy again
Plan F : Cut below 22995
FKLI
Market closed unchanged in a day where trading range was tight with low volume traded. Market might open lower today, taking cue from overnight Dow but losses could be limited if market could hold firm above 1874
Plan A : Attempt buying between 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday sell if market fails to break above 1882
Plan D : Cut above 1886
FCPO
After a long consolidation, market continue to trade at sell signal and visited to the low of 2364. Today investor might not be surprised to see market opens gap down affected by the negative impact from the regional competitive substituents.
Plan A : Overnight seller may hold on to position, taking resistance at 2386. Profit target is looking at 2271.
Plan B : Fresh seller could sell at rebound if resistance at 2379 is not breached. Profit target is looking at 2330.
Plan C : Buyer may want to stay out of market.
Plan D : Above 2400 , do nothing.
Plan E : Below 2330, 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
U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.
Hong Kong shares slipped on Wednesday as some investors cashed in recent gains after the benchmark index the previous day reached its highest close since Jan. 2.
Plan A : Above 23265, do nothing
Plan B : Below 22995, do nothing
Plan C : Consider selling if market fails to break above 23144 and triggers a sell again
Plan D : Cut above 23265
Plan E : Consider buying only if market stubbornly holds above 22995 and triggers a buy again
Plan F : Cut below 22995
FKLI
Market closed unchanged in a day where trading range was tight with low volume traded. Market might open lower today, taking cue from overnight Dow but losses could be limited if market could hold firm above 1874
Plan A : Attempt buying between 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday sell if market fails to break above 1882
Plan D : Cut above 1886
FCPO
After a long consolidation, market continue to trade at sell signal and visited to the low of 2364. Today investor might not be surprised to see market opens gap down affected by the negative impact from the regional competitive substituents.
Plan A : Overnight seller may hold on to position, taking resistance at 2386. Profit target is looking at 2271.
Plan B : Fresh seller could sell at rebound if resistance at 2379 is not breached. Profit target is looking at 2330.
Plan C : Buyer may want to stay out of market.
Plan D : Above 2400 , do nothing.
Plan E : Below 2330, 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
Tuesday, June 10, 2014
11 June 2014
HSI Futures
U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities' shares fell while 10-year bond yields hit their highest level in a month.
Hong Kong shares finished at their highest in more than five months on Tuesday, tracking strong gains in the mainland after China detailed which banks would benefit from a cut of required reserves ratios.
Plan A : Above 23265, do nothing
Plan B : Below 22997, do nothing
Plan C : Consider intraday sell if market fails to break above 23265 after a higher opening
Plan D : Cut above 23336
Plan E : Attempt buying if market dives but hold firmly above 22997 and triggers a buy again
Plan F : Cut below 22934
FKLI
Market broke away from its consolidation range and surged towards intraday high of 1879 with short sellers scrambling for the exit door.
Plan A : Attempt buying between 1870-1873
Plan B : Cut below 1867
Plan C : Intraday selling can be attempted if market fails to break above 1886
Plan D : Cut above 1892.5
FCPO
FCPO rebounded highest to 2416 yesterday and it started to tumble during the second session. Market was exerted with selling pressure and today it might gap down during opening as regional competitive substituents markets are trading at their negative zones.
Plan A : Overnight seller may hold on to position. Resistance is looking at 2404. Profit target is projecting at 2271.
Plan B : Fresh seller may sell at rebound if resistance at 2389 is not breached. Profit target is projecting at 2359 and 2343.
Plan C : Buyer should have exited yesterday as support at 2390's level is broken. If you have not, please exit today. Fresh buyer may stay out out market today.
Plan D : Above 2400, do nothing.
Plan E : Below 2350, 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
U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities' shares fell while 10-year bond yields hit their highest level in a month.
Hong Kong shares finished at their highest in more than five months on Tuesday, tracking strong gains in the mainland after China detailed which banks would benefit from a cut of required reserves ratios.
Plan A : Above 23265, do nothing
Plan B : Below 22997, do nothing
Plan C : Consider intraday sell if market fails to break above 23265 after a higher opening
Plan D : Cut above 23336
Plan E : Attempt buying if market dives but hold firmly above 22997 and triggers a buy again
Plan F : Cut below 22934
FKLI
Market broke away from its consolidation range and surged towards intraday high of 1879 with short sellers scrambling for the exit door.
Plan A : Attempt buying between 1870-1873
Plan B : Cut below 1867
Plan C : Intraday selling can be attempted if market fails to break above 1886
Plan D : Cut above 1892.5
FCPO
FCPO rebounded highest to 2416 yesterday and it started to tumble during the second session. Market was exerted with selling pressure and today it might gap down during opening as regional competitive substituents markets are trading at their negative zones.
Plan A : Overnight seller may hold on to position. Resistance is looking at 2404. Profit target is projecting at 2271.
Plan B : Fresh seller may sell at rebound if resistance at 2389 is not breached. Profit target is projecting at 2359 and 2343.
Plan C : Buyer should have exited yesterday as support at 2390's level is broken. If you have not, please exit today. Fresh buyer may stay out out market today.
Plan D : Above 2400, do nothing.
Plan E : Below 2350, 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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