Thursday, November 13, 2014

14 November 2014

HSI Futures

The Dow industrials closed at a record high on Thursday, boosted by gains in Wal-Mart, but the S&P 500 was little changed as energy shares tracked crude futures prices lower.

Hong Kong shares rose on Thursday, lifted by consumer and casino shares and buttressed by financials.

Plan A : Above 24173, do nothing
Plan B : Below 23696, do nothing
Plan C : Attempt selling if market fails to break above 24173 and triggers a sell

Plan D : Cut above 24292
Plan E : Consider buying if market holds firm above 23696 and triggers a buy
Plan F : Cut below 23696


FKLI

Market seems to have found a bottom at 1808 for now. Market stands a good chance of reversing from its bearish mode if it were to stand firm above 1815 today. 

Plan A : Attempt buying if market trade firmly above 1815
Plan B : Cut below 1808
Plan C : Consider selling if market rebounds but fails to break above 1829
Plan D : Cut above 1835


FCPO

FCPO could not sustain above 2240 level and continue to dive to low of 2219. Market has triggered some selling signal but with the weak Ringgit at RM3.34 against the greenback, market might jump back to the consolidation range instead of a down trend.

Plan A : Intraday trader may attempt range bound trading between 2193 to 2245.
Plan B : Long term investor stay out of market.
Plan C : Above 2250, do nothing.
Plan D : Below 2200, 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

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