Sunday, January 4, 2015

5 January 2015

HSI Futures

Dow faded its earlier gain after the release of the economic datas on Friday stating that construction spending in November fell 0.3% and manufacturing sector slipped to 6 months low in December. 

Hang Seng surged up to 23850 last Friday after recorded lost ground on Wednesday. Market may starts to take a breather after a rally from 22497.

Plan A : Overnight buyer may consider to exit the market and wait for the next signal. Support is 22628. 
Plan B : Intraday investor may range trade within 23937 to 23457.
Plan C : Above 24000, do nothing.
Plan D : Below 23400, do nothing. 


FKLI

Market tumbled during the opening hour though cash market open higher today. 

Plan A : Seller may sell if market could stay below 1736. Target is 1717.
Plan B : Buyer may stay out today.
Plan C : Above 1740, do nothing.
Plan D : Below 1730, do nothing.


FCPO

FCPO surged last Friday at the eleventh hour and market eventually settled at 2283. Dalian and soybean oil markets are trading mixed while Ringgit further weaken to RM 3.53 against the greenback.

Plan A : Overnight buyer hold on to position. Support is looking at 2253. Target is 2345.
Plan B : Intraday investor may buy if 2264 is supported. Target is 2308.
Plan C : Above 2300, do nothing.
Plan D : Below 2260, 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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