27 March 2015

HSI Futures

U.S. stocks fell for a fourth straight session on Thursday but indexes ended well off session lows with support from economic data and earnings, including Accenture's.

Hong Kong shares finished lower on Thursday in line with most Asian markets, which dropped due to tension in the Middle East and losses on Wall Street.

Plan A : Above 24637, do nothing
Plan B : Below 24340, do nothing
Plan C : Consider selling if market fails to break above 24637 and triggers a sell signal
Plan D : Cut above 24637
Plan E : Attempt buying if market holds firm above 24445
Plan F : Cut below 24445


FKLI

Market seen sluggish yesterday, moving in tandem with regional markets. Market could be lackluster today as buyers and sellers are expected to battle it out among themselves. 

Plan A : Attempt selling if market remains trading below 1819.5
Plan B : Cut above 1825
Plan C : Consider buying if market test 1809 and rebounds
Plan D : Cut below 1803


FCPO

FCPO rallied after opening yesterday and it eventually settled at 2192. Market might still be in the run of consolidation range unless it forms a support. Dalian and soybean oil are slightly down while Ringgit remains at RM 3.67 against the greenback.

Plan A : Seller may sell if market resisted at 2218. Target is 2175, 2145 and 2101. Place a stop.
Plan B : Buyer may buy if market could support above 2184. Target is 2218 and 2264. Hold overnight if market could close above 2200.
Plan C : Above 2220, do nothing.
Plan D : Below 2180, 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.