U.S. stocks fell for a second straight session on Tuesday, with equities maintaining a tight range that corresponded with currency fluctuations as traders focused on the dollar's strength and its possible effect on corporate earnings.
Hong Kong shares finished lower on Tuesday, dragged down by Chinese firms after a survey showed China's manufacturing activity unexpectedly contracted to an 11-month low in March.
Plan A : Above 24507, do nothing
Plan B : Below 24252, do nothing
Plan C : Attempt selling if market fails to break above 24507 and triggers a sell
Plan D : Cut above 24507
Plan E : Consider buying if market stays firm above 24340 and triggers a buy
Plan F : Cut below 24340
FKLI
Sellers were seen squeezed with market surging all the way from the time it opened. Market likely to rally further after correcting and hold well this week.
Holding long
Plan A : 1803-1840, do nothing
Plan B : Below 1803, liquidate
Plan C : Consider intraday selling if market surges towards 1832 but fails to breach through
Plan D : Cut above 1840
FCPO
FCPO moved down South yesterday with strengthening Ringgit while Dalian and soybean oil are trading down as well.
Plan A : Intraday investor might sell if market could rebound and resist at 2168. Target is 2128.
Plan B : Buyer may wait for market to consolidate and see whether market could support above 2145.
Plan C : Above 2170, do nothing.
Plan D : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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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