22 August 2014

HSI Futures

U.S. stocks ended higher on Thursday, with the S&P 500 at a record after a flurry of positive economic data, as investors hoped for signs from an annual meeting of central bankers that interest-rate hikes are not imminent.

Hong Kong's benchmark share index posted its biggest daily loss in two weeks on Thursday, after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, triggering broad profit-taking on recent gains.

Plan A : Above 25151, do nothing
Plan B : Below 24781, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 25151
Plan D : Cut above 25281
Plan E : Consider buying if market holds firm above 24781 and triggers a buy
Plan F : Cut below 24781


FKLI

Market hovered around the 1872-1875 level for most of the time yesterday before closing near day's low. Market might be the same today with buyers and sellers both fighting it out. 

Holding a long
Plan A : 1869-1880, do nothing
Plan B : Below 1869, liquidate
Plan C : Above 1880, consider taking profits
Plan D : Consider intraday selling if market fails to break above 1876
Plan E : Cut above 1880


FCPO

Market triggered another new low yesterday before settling at 2039. Sentiment was definitely beaten with bearish mode kicked in. Failure to find its way above 2043 today would likely see market trending below 2000 level anytime soon.

Plan A : Attempt selling if market fails to break above 2061 in its rebound
Plan B : Cut above 2071
Plan C : Consider intraday buy if market supports firmly above 2013
Plan D : Cut below 2001



*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