17 July 2014

HSI Futures

U.S. stocks rose on Wednesday, with the Dow Jones industrial average closing at a record high, boosted by the latest merger news and some strong corporate earnings.

Hong Kong's benchmark index rose for a third day on Wednesday, while the index of Chinese companies listed in the city edged down as insurers under performed. On the economic front, all eyes will be on Euro-zone CPI data tonight.

Plan A : Above 23639, do nothing
Plan B : Below 23432, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23639
Plan D : Cut above 23758
Plan E : Attempt buying if market stubbornly holds above 23432
Plan F : Cut below 23305


FKLI

Market continued its range bound trading and it's expected to remain the same today.

Plan A : Attempt selling if market surges but fails to break above 1893
Plan B : Cut above 1897.5
Plan C : Consider buying if market holds above 1887.5
Plan D : Cut below 1882


FCPO

Market still struggling to find a bottom as it broke another new low of 2288 before settling at 2307 yesterday. Buyers are expected to continue suffer till market really triggers a buy signal which does not seems to happen so soon. Another range bound trading look to be on the card today, pending any surprises.

Plan A : Consider buying if market holds firm above 2302
Plan B : Cut below 2285
Plan C : Attempt selling if market rebounds but fails to break above 2342
Plan D : Cut above 2360
Plan E : Below 2302, do nothing
Plan F : Above 2342, 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