Tuesday, November 18, 2014

19 November 2014

HSI Futures

The Dow and S&P 500 closed at record highs on Tuesday, lifted by further gains in healthcare shares and hopes for a stronger global economy.

Hong Kong shares fell again on Tuesday, as investors took profits from the landmark Shanghai-Hong Kong stock connect scheme. BOJ will be in focus today as central bank is expected to leave its monetary policy unchanged.
 Plan A : Above 23750, do nothing
Plan B : Below 23291, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23642
Plan D : Cut above 23807
Plan E : Consider intraday buy if market holds above 23291
Plan F : Cut below 23208


FKLI

Market made a tremendous recovery yesterday, closing near day's high level of 1821.5. Market could potentially going for a reversal upturn from here especially if market were to hold firm above 1816 today

Plan A : Attempt buying if market holds firmly above 1816
Plan B : Cut below 1812
Plan C : Consider intraday sell if market surges but fails to break above 1829
Plan D : Cut above 1837


FCPO


FCPO rebounded to high of 2254 towards the closing yesterday with Ringgit further weaken to RM3.35 against the greenback. Dalian and soybean oil markets have little change in their trading, therefore, FCPO might have mere change during opening.

Plan A : Intraday investor may sell if market could not break 2257. Target is 2217 and 2206 Place a stop.
Plan B : Long term buyer may wait for market to form a support above 2225 before entering.
Plan C : Above 2260, do nothing.
Plan D : Below 2210, 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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