27 August 2014

HSI Futures

U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy.

Hong Kong's benchmark share index finished lower on Tuesday, as weakness in a few heavyweight stocks cancelled out strength in oil companies.

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 testing the 1958 level before rebounding to close at 1863.5 yesterday in a day where selling pressure were seen. Market however, stand a chance of rebounding today if it were to stand firm above 1863

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


FCPO

FCPO stabilized after a sharp dive on Monday. So far market has moved down South for some time and seller should be cautious of any possible rebound. By looking at Dalian and soybean oil market, market has high chance to gap up in the morning.

Plan A : Overnight seller may consider to take profit today. Resistance is looking at 2058. Target 1984.
Plan B : Fresh seller may stay out of market.
Plan C : Buyer may enter if support at 1984 could hold on tight. Target is 2111 and 2163.
Plan D : Intraday investor could range trade within 2058 to 2012.
Plan E : Above 2070, do nothing.
Plan F : Below 2000, 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