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