31 December 2014

HSI Futures

U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major indexes from record levels, while the trend of modest moves and low volume continued heading into the final trading day of the year.

Hong Kong shares finished lower on Tuesday as growing uncertainties at home and abroad dampened investor sentiment. Investors are worried about fallout from months of pro-democracy protests on the local economy while political uncertainties in Greece sapped appetite for risk taking at the year-end.

Plan A : Above 23818, do nothing
Plan B : Below 23413, do nothing
Plan C : Attempt selling if market stays below 23565
Plan D : Cut above 23818
Plan E : Intraday buy to be considered only if market holds above 23413 and rebounds
Plan F : Cut below 23361


FKLI

Market started to show signs of lethargic yesterday as selling were seen more aggressive. It could partly due to buyers taking profits ahead of the New Year's Day holiday. Failure to regain footing above 1765 would likely see more selling ahead. 

Plan A : Attempt selling if market rebounds but fails to break above 1765
Plan B : Cut above 1771
Plan C : Wait for further correction before considering to go long, possibly around the 1736.5 level
Plan D : Cut below 1730.5


FCPO

Market is set for a flat opening today with mixed signals from bean n Ringgit. Some slight weakness kicked in towards the end of yesterday's trading. Another tight range trading can be expected today with lower volume.

Plan A : Consider selling if market fails to break above 2296
Plan B : Cut above 2308
Plan C : Attempt buying if market corrects but holds firm above 2236
Plan D : Cut below 2204



HAPPY NEW YEAR TO ALL LOYAL 

FOLLOWERS! Wishing you a New Year that

brings luck and prosperity! 



*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