29 December 2014

HSI Futures

U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out for the Christmas holiday.

China stocks closed up on Friday led by strength in the financial sector, with analysts saying that investors were still chasing financial shares after reports China is planning measures to further ease liquidity conditions for banks.

Plan A : Above 23565, do nothing
Plan B : Below 23197, do nothing
Plan C : Attempt buying if market holds firm above 23361
Plan D : Cut below 23197
Plan E : Consider intraday sell if makrket fails to break above 23565
Plan F : Cut above 23629


FKLI

Market could have found its temporary resistance last Friday before settling at 1763.5. Market will have to surge and hold firm above 1769 today if it were to continue its rally. The missing plane of AirAsia though, could dampen any hope of fierce rally today. Cautious trading to be expected today.

Plan A : Attempt selling if market fails to break above 1769
Plan B : Cut above 1780
Plan C : Consider intraday buy if market were to hold firm above 1755
Plan D : Cut below 1750


FCPO

FCPO had mild correction before it continued to surge up to high of 2252. Dalian and soybean oil markets trading positively strong, therefore, investor might expect gap up during opening.

Plan A : Overnight buyer hold on to position. Support is 2193 and 2238. Target is 2335.
Plan B : Intraday investor may sell if market open around 2300. Target is 2238 and 2250.
Plan C : Above 2300, do nothing.
Plan D : Below 2250, 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