26 August 2014

HSI Futures

The S&P 500 was unable to hold the 2,000 mark after moving above the milestone level for the first time on Monday, but still managed to close at a record high, buoyed by financials and biotechnology stocks.

Hong Kong's benchmark index finished at a new more-than-six-year high on Monday, reversing midday losses as financial and energy companies strengthened on corporate earnings.

Plan A : Above 25281, do nothing
Plan B : Below 24905, do nothing
Plan C : Consider intraday sell if market fails to break above 25281
Plan D : Cut above 25398
Plan E : Attempt buying if market corrects but holds firm above 24905
Plan F : Cut below 24781


FKLI

Market continued to face selling pressure despite firmer regional markets. However, all hopes are not gone yet as long as market stays firm above 1858. 

Plan A : Attempt selling if market fails to break above 1869.5
Plan B : Cut above 1872
Plan C : Consider buying if market holds firm above 1858 and rebounds
Plan D : Cut below 1853


FCPO

FCPO dived to 1954 which is the all time low yesterday and it eventually rebounded to 2030 at closing. It might not be wrong for seller to take some profit at this point. 

Plan A : Overnight seller may hold on to position. Resistance is looking at 2058. Target is looking at 1964.
Plan B : Fresh seller stay out of market.
Plan C : Buyer may need to wait for market to stabilize before making the call. Recommended not to trade today.
Plan D : Above 2050, do nothing.
Plan E : Below 1950, 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