HSI Futures
U.S. stocks ended lower on Wednesday as the Federal Reserve cited weakness in the U.S. economy and data showed U.S. growth slowed more sharply than expected in the first quarter.
Hong Kong stocks fell on Wednesday, weighed down by financial shares after two major Chinese banks reported weak first-quarter earnings, highlighting the drag from the slowing mainland economy.
Plan A : Above 28571, do nothing
Plan B : Below 28194, do nothing
Plan C : Attempt selling if market stays below 28383
Plan D : Cut above 28460
Plan E : Consider buying if market stays firm above 28194 and triggers a buy
Plan F : Cut below 28194
FKLI
Market finally stumbled under pressure yesterday ahead of the long weekend holiday. Selling pressure could continue today but selling could be limited if market could hold above 1840 for the close.
Plan A : Attempt selling if market rebounds but fails to break above 1853
Plan B : Cut above 1858
Plan C : Consider buying if market recovers strongly from 1840
Plan D : Cut below 1837
FCPO
FCPO was on tight range yesterday with limited room for trading yesterday. Dalian and soybean oil are slightly up today with strengthening RM. Market is heading down South, thus, it could be better to sell whenever there is a rebound.
Plan A : Overnight seller hold on to position. Resistance is looking at 2112 and 2123. Target is 2039 and 1925.
Plan B : Fresh seller may sell if market could rebound and resist at 2085, 2093 and 2100. Target is 2039.
Plan C : Buyer stay out of market.
Plan D : Above 2100, do nothing.
Plan E : Below 2070, 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.
Wednesday, April 29, 2015
Tuesday, April 28, 2015
29 April 2015
HSI Futures
The Dow and S&P 500 ended a volatile session higher on Tuesday, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell with Apple.
Hong Kong stocks ended flat on Tuesday as strength in financial shares was offset by a slump in oil giants PetroChina and Sinopec Corp. Japan markets are closed for Showa Day today. Trading could be cautious today with investors waiting for U.S. Federal Reserve's statement due tonight.
Plan A : Above 28571, do nothing
Plan B : Below 28194, do nothing
Plan C : Attempt selling if market stays below 28383
Plan D : Cut above 28460
Plan E : Consider buying if market stays firm above 28194 and triggers a buy
Plan F : Cut below 28194
FKLI
Market was seen a little sluggish yesterday as second and third liner stocks were facing selling pressure. Despite touching an intraday low of 1852.5, market managed to recover before settling at 1857.5 yesterday. Firmer ringgit could cushion any fall today but weak palm oil prices could be a concern
Plan A : Consider selling if market rebounds but fails to break above 1863.5
Plan B : Cut above 1871
Plan C : Attempt buying if market holds stubbornly above 1852 and rebounds
Plan D : Cut below 1848
FCPO
FCPO slumped during opening today while Dalian and overnight soybean oil were down with stronger Ringgit. Market is on its downtrend after a long consolidation period, thus, investor is advisable to sell during rebound.
Plan A : Overnight seller hold on to position. Resistance is looking at 2093 and 2105. Target is 2039 and 1925.
Plan B : Seller may sell if market rebounded and resisted at 2085 and 2093. Target is 2039.
Plan C : Buyer stay out of market.
Plan D : Above 2100, do nothing.
Plan E : No fresh position below 2070.
*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.
The Dow and S&P 500 ended a volatile session higher on Tuesday, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell with Apple.
Hong Kong stocks ended flat on Tuesday as strength in financial shares was offset by a slump in oil giants PetroChina and Sinopec Corp. Japan markets are closed for Showa Day today. Trading could be cautious today with investors waiting for U.S. Federal Reserve's statement due tonight.
Plan A : Above 28571, do nothing
Plan B : Below 28194, do nothing
Plan C : Attempt selling if market stays below 28383
Plan D : Cut above 28460
Plan E : Consider buying if market stays firm above 28194 and triggers a buy
Plan F : Cut below 28194
FKLI
Market was seen a little sluggish yesterday as second and third liner stocks were facing selling pressure. Despite touching an intraday low of 1852.5, market managed to recover before settling at 1857.5 yesterday. Firmer ringgit could cushion any fall today but weak palm oil prices could be a concern
Plan A : Consider selling if market rebounds but fails to break above 1863.5
Plan B : Cut above 1871
Plan C : Attempt buying if market holds stubbornly above 1852 and rebounds
Plan D : Cut below 1848
FCPO
FCPO slumped during opening today while Dalian and overnight soybean oil were down with stronger Ringgit. Market is on its downtrend after a long consolidation period, thus, investor is advisable to sell during rebound.
Plan A : Overnight seller hold on to position. Resistance is looking at 2093 and 2105. Target is 2039 and 1925.
Plan B : Seller may sell if market rebounded and resisted at 2085 and 2093. Target is 2039.
Plan C : Buyer stay out of market.
Plan D : Above 2100, do nothing.
Plan E : No fresh position below 2070.
*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.
Monday, April 27, 2015
28 April 2015
HSI Futures
U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen. Investors were eyeing earnings and looked ahead to the beginning of the two-day Federal Reserve meeting on Tuesday.
Hong Kong stocks advanced to fresh seven-year highs on Monday, led by Chinese state-owned giants on expectations that Beijing will accelerate mergers among state-owned enterprises (SOEs). Japan's trade data released this morning showed a plunge of 9.7 %, which is far below expectations.
Plan A : Above 28572, do nothing
Plan B : Below 28194, do nothing
Plan C : Consider selling if market stays trading below 28470
Plan D : Cut above 28572
Plan E : Attempt buying if market corrects but rebounds from 28194
Plan F : Cut below 28194
FKLI
Market retraced towards the final hour of trading yesterday. Some profit taking activities were seen but market is supported overall.
Plan A : Attempt buying if market retrace further but holds firm above 1855
Plan B : Cut below 1850
Plan C : Consider intraday selling if market fails to climb above 1864.5
Plan D : Cut above 1871
FCPO
FCPO had finally showed some sign of weakness yesterday settling at almost day low. Dalian and soybean oil are trading insignificantly this morning while Ringgit continue to strengthen at RM 3.55 against the U.S. Dollar.
Plan A : Overnight seller hold on to position. Resistance is looking at 2130 and 2141. Target is 2039, 2003 and 1925.
Plan B : Intraday investor and fresh seller may sell if market could rebound near and resist at 2130. Target is 2082 and 2039.
Plan C : Buyer may stay out.
Plan D : Above 2140, do nothing.
Plan E : Below 2100, 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.
U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen. Investors were eyeing earnings and looked ahead to the beginning of the two-day Federal Reserve meeting on Tuesday.
Hong Kong stocks advanced to fresh seven-year highs on Monday, led by Chinese state-owned giants on expectations that Beijing will accelerate mergers among state-owned enterprises (SOEs). Japan's trade data released this morning showed a plunge of 9.7 %, which is far below expectations.
Plan A : Above 28572, do nothing
Plan B : Below 28194, do nothing
Plan C : Consider selling if market stays trading below 28470
Plan D : Cut above 28572
Plan E : Attempt buying if market corrects but rebounds from 28194
Plan F : Cut below 28194
FKLI
Market retraced towards the final hour of trading yesterday. Some profit taking activities were seen but market is supported overall.
Plan A : Attempt buying if market retrace further but holds firm above 1855
Plan B : Cut below 1850
Plan C : Consider intraday selling if market fails to climb above 1864.5
Plan D : Cut above 1871
FCPO
FCPO had finally showed some sign of weakness yesterday settling at almost day low. Dalian and soybean oil are trading insignificantly this morning while Ringgit continue to strengthen at RM 3.55 against the U.S. Dollar.
Plan A : Overnight seller hold on to position. Resistance is looking at 2130 and 2141. Target is 2039, 2003 and 1925.
Plan B : Intraday investor and fresh seller may sell if market could rebound near and resist at 2130. Target is 2082 and 2039.
Plan C : Buyer may stay out.
Plan D : Above 2140, do nothing.
Plan E : Below 2100, 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.
Sunday, April 26, 2015
27 April 2015
HSI Futures
The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft.
Hong Kong's main share index ended firmer on Friday, bolstered by hopes of more capital inflows from mainland investors.
Plan A : Above 28194, do nothing
Plan B : Below 27772, do nothing
Plan C : Consider intraday selling if market gaps up but fails to break above 28194
Plan D : Cut above 28352
Plan E : Attempt buying if market corrects but holds firm above 27983
Plan F : Cut below 27889
FKLI
Market continue surging, closing at almost day's high level last Friday. Firmer Ringgit helped market stayed firm and look likely to hold firm for the rest of the month.
Plan A : Attempt buying around 1858
Plan B : Cut below 1848
Plan C : No selling to be attempted for now as market looks resilient and firm
FCPO
FCPO stretched to high of 2176 and eventually settled at 2154 last Friday. Dalian is slightly up and overnight soybean oil was down while Ringgit recovered to RM 3.56 this morning. Market continue to narrow its range with no sense of direction. Therefore, intraday investor may take precaution. Stronger Ringgit may limit the upside of the market.
Plan A : Intraday investor may continue to range trade within 2128 to 2197. Place stop. Do not force trade if market does not come near.
Plan B : Buyer may buy only if market could support above 2144 and hold overnight if it closed above 2171. Target is 2204 and 2266.
Plan C : Seller may sell only if market could not break 2171 or 2204. Place stop. Target is 2128 and 2059.
Plan D : Above 2200, do nothing.
Plan E : 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.
The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft.
Hong Kong's main share index ended firmer on Friday, bolstered by hopes of more capital inflows from mainland investors.
Plan A : Above 28194, do nothing
Plan B : Below 27772, do nothing
Plan C : Consider intraday selling if market gaps up but fails to break above 28194
Plan D : Cut above 28352
Plan E : Attempt buying if market corrects but holds firm above 27983
Plan F : Cut below 27889
FKLI
Market continue surging, closing at almost day's high level last Friday. Firmer Ringgit helped market stayed firm and look likely to hold firm for the rest of the month.
Plan A : Attempt buying around 1858
Plan B : Cut below 1848
Plan C : No selling to be attempted for now as market looks resilient and firm
FCPO
FCPO stretched to high of 2176 and eventually settled at 2154 last Friday. Dalian is slightly up and overnight soybean oil was down while Ringgit recovered to RM 3.56 this morning. Market continue to narrow its range with no sense of direction. Therefore, intraday investor may take precaution. Stronger Ringgit may limit the upside of the market.
Plan A : Intraday investor may continue to range trade within 2128 to 2197. Place stop. Do not force trade if market does not come near.
Plan B : Buyer may buy only if market could support above 2144 and hold overnight if it closed above 2171. Target is 2204 and 2266.
Plan C : Seller may sell only if market could not break 2171 or 2204. Place stop. Target is 2128 and 2059.
Plan D : Above 2200, do nothing.
Plan E : 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.
Thursday, April 23, 2015
24 April 2015
HSI Futures
U.S. stocks closed near highs on Thursday, with the Nasdaq at a record, as investors cheered corporate reports.
Hong Kong shares ended lower, easing off fresh seven-year highs on Thursday as the market enters a period of consolidation after surging more than 10 percent in the first two weeks of April.
Plan A : Above 27961, do nothing
Plan B : Below 27645, do nothing
Plan C : Attempt selling if market stays below 27932
Plan D : Cut above 28093
Plan E : Consider buying if market stays firm above 27645 and triggers a buy
Plan F : Cut below 27645
FKLI
Market seems a little sluggish towards the end of trading day yesterday. Market look likely to consolidate further if it stays in between the range of 1840-1855.
Plan A : Attempt selling if market fails to break above 1855
Plan B : Cut above 1863.5
Plan C : Consider buying if market holds firm above 1845 and rebounds
Plan D : Cut below 1840
FCPO
FCPO flattened yesterday after slight stretch in the morning session. Market may be going through consolidation at this stage, therefore investor may step out and wait for better chance. Dalian and soybean oil are trading slightly up while Ringgit is further strengthen to RM 3.59 against the greenback.
Plan A : Range trade within 2128 to 2197. Do not force trade if market did not come near. Place stop.
Plan B : Above 2200, do nothing.
Plan C : Below 2120, do nothing.
Stay tune to our forum if the plan changes at http://klse.i3investor.com/servlets/forum/901704783.jsp
*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.
U.S. stocks closed near highs on Thursday, with the Nasdaq at a record, as investors cheered corporate reports.
Hong Kong shares ended lower, easing off fresh seven-year highs on Thursday as the market enters a period of consolidation after surging more than 10 percent in the first two weeks of April.
Plan A : Above 27961, do nothing
Plan B : Below 27645, do nothing
Plan C : Attempt selling if market stays below 27932
Plan D : Cut above 28093
Plan E : Consider buying if market stays firm above 27645 and triggers a buy
Plan F : Cut below 27645
FKLI
Market seems a little sluggish towards the end of trading day yesterday. Market look likely to consolidate further if it stays in between the range of 1840-1855.
Plan A : Attempt selling if market fails to break above 1855
Plan B : Cut above 1863.5
Plan C : Consider buying if market holds firm above 1845 and rebounds
Plan D : Cut below 1840
FCPO
FCPO flattened yesterday after slight stretch in the morning session. Market may be going through consolidation at this stage, therefore investor may step out and wait for better chance. Dalian and soybean oil are trading slightly up while Ringgit is further strengthen to RM 3.59 against the greenback.
Plan A : Range trade within 2128 to 2197. Do not force trade if market did not come near. Place stop.
Plan B : Above 2200, do nothing.
Plan C : Below 2120, do nothing.
Stay tune to our forum if the plan changes at http://klse.i3investor.com/servlets/forum/901704783.jsp
*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.
Wednesday, April 22, 2015
23 April 2015
HSI Futures
U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings.
Hong Kong stocks extended gains on Wednesday, taking cues from bullish China markets and on hopes that fresh money will continue to flow into the city from mainland investors. HSBC preliminary reading of China's factory activity for April is expected at 9.45 am this morning.
Plan A : Above 28125, do nothing
Plan B : Below 27645, do nothing
Plan C : Attempt selling if market constantly stays below 27790
Plan D : Cut above 27961
Plan E : Consider buying if market holds stubbornly above 27645 and triggers a buy
Plan F : Cut below 27645
FKLI
Market went through some last minute profit taking selling and closed at day's low level. Market must at least hold firm above 1840 in order to avoid any further selling.
Plan A : Consider selling if market rebounds but fails to break above 1855
Plan B : Cut above 1863.5
Plan C : Attempt buying if market stays firm above 1845
Plan D : Cut below 1840
FCPO
FCPO gap-down in the morning and it gradually climbed back up to 2160 level during the eleventh hour yesterday. It has tendency to move on consolidation if it could rebound above 2180 level and resisted at 2204. Therefore, investor need to have two sets of planning to adapt to changes. Dalian and soybean oil are slightly up while Ringgit remains at RM 3.62 against the greenback.
Stay Tune at http://klse.i3investor.com/servlets/forum/901704783.jsp for the changes update.
Plan A : There are two important resistances. Fresh seller and intraday investor may sell only if market could not break 2177 or 2204. Place stop. Target is 2128 and 2039. Hold overnight if market close below 2128.
Plan B : Overnight buyer exited yesterday. If you have not, support is 2148. Target is 2177 and 2204. Place a stop.
Plan C : Above 2210, do nothing.
Plan D : Below 2150, 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.
U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings.
Hong Kong stocks extended gains on Wednesday, taking cues from bullish China markets and on hopes that fresh money will continue to flow into the city from mainland investors. HSBC preliminary reading of China's factory activity for April is expected at 9.45 am this morning.
Plan A : Above 28125, do nothing
Plan B : Below 27645, do nothing
Plan C : Attempt selling if market constantly stays below 27790
Plan D : Cut above 27961
Plan E : Consider buying if market holds stubbornly above 27645 and triggers a buy
Plan F : Cut below 27645
FKLI
Market went through some last minute profit taking selling and closed at day's low level. Market must at least hold firm above 1840 in order to avoid any further selling.
Plan A : Consider selling if market rebounds but fails to break above 1855
Plan B : Cut above 1863.5
Plan C : Attempt buying if market stays firm above 1845
Plan D : Cut below 1840
FCPO
FCPO gap-down in the morning and it gradually climbed back up to 2160 level during the eleventh hour yesterday. It has tendency to move on consolidation if it could rebound above 2180 level and resisted at 2204. Therefore, investor need to have two sets of planning to adapt to changes. Dalian and soybean oil are slightly up while Ringgit remains at RM 3.62 against the greenback.
Stay Tune at http://klse.i3investor.com/servlets/forum/901704783.jsp for the changes update.
Plan A : There are two important resistances. Fresh seller and intraday investor may sell only if market could not break 2177 or 2204. Place stop. Target is 2128 and 2039. Hold overnight if market close below 2128.
Plan B : Overnight buyer exited yesterday. If you have not, support is 2148. Target is 2177 and 2204. Place a stop.
Plan C : Above 2210, do nothing.
Plan D : Below 2150, 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.
Tuesday, April 21, 2015
22 April 2015
HSI Futures
U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.
Hong Kong stocks posted their biggest daily gain in two weeks on Tuesday on signs that investors in mainland China are keen to plow more money into the city's markets, hunting for bargains.
Plan A : Above 28125, do nothing
Plan B : Below 27645, do nothing
Plan C : Consider intraday sell if market gaps up but fails to break above 28030
Plan D : Cut above 28125
Plan E : Attempt long if market corrects but holds firmly above 27645
Plan F : Cut below 27515
FKLI
Market gained for 7th consecutive days yesterday. Market is deemed to be bullish for now after consolidating earlier and break up for a rally. Buyers should continue hold on to their position as long as market hold firmly above 1855
Holding long
Plan A : 1848-1878, do nothing
Plan B : Below 1848, liquidate
Plan C : Above 1878, consider taking profits first if it couldn't sustain
Plan D : Consider intraday sell only if market touch 1878 and retrace
Plan E : Cut above 1883
FCPO
FCPO touched high at 2197 yesterday but unsustainable and it settled at 2173. Today it opened lower breaking the support at 70's level and headed down South. Dalian and soybean oil turns down while Ringgit strengthen slightly at RM 3.62 against the US Dollar.
Plan A : Overnight buyer exit market if market could not support above 2144. Market failed to rebound above 2164 and 2172 may head down.
Plan B : Fresh seller may sell if market could rebound and resist at 2164 and 2172. Target is 2127, 2082 and 2039.
Plan C : Above 2170, do nothing.
Plan D : Below 2150, 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.
U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.
Hong Kong stocks posted their biggest daily gain in two weeks on Tuesday on signs that investors in mainland China are keen to plow more money into the city's markets, hunting for bargains.
Plan A : Above 28125, do nothing
Plan B : Below 27645, do nothing
Plan C : Consider intraday sell if market gaps up but fails to break above 28030
Plan D : Cut above 28125
Plan E : Attempt long if market corrects but holds firmly above 27645
Plan F : Cut below 27515
FKLI
Market gained for 7th consecutive days yesterday. Market is deemed to be bullish for now after consolidating earlier and break up for a rally. Buyers should continue hold on to their position as long as market hold firmly above 1855
Holding long
Plan A : 1848-1878, do nothing
Plan B : Below 1848, liquidate
Plan C : Above 1878, consider taking profits first if it couldn't sustain
Plan D : Consider intraday sell only if market touch 1878 and retrace
Plan E : Cut above 1883
FCPO
FCPO touched high at 2197 yesterday but unsustainable and it settled at 2173. Today it opened lower breaking the support at 70's level and headed down South. Dalian and soybean oil turns down while Ringgit strengthen slightly at RM 3.62 against the US Dollar.
Plan A : Overnight buyer exit market if market could not support above 2144. Market failed to rebound above 2164 and 2172 may head down.
Plan B : Fresh seller may sell if market could rebound and resist at 2164 and 2172. Target is 2127, 2082 and 2039.
Plan C : Above 2170, do nothing.
Plan D : Below 2150, 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.
Monday, April 20, 2015
21 April 2015
HSI Futures
Wall Street ended sharply higher on Monday after China moved to stimulate its slowing economy while investors bought up technology stocks on cautious optimism on upcoming earnings reports.
Hong Kong shares posted their biggest loss in four months on Monday, weighed down by an afternoon plunge in Shanghai stocks, even as China's central bank took its boldest policy move yet to bolster the slowing economy.
Plan A : Above 27583, do nothing
Plan B : Below 27042, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 27416
Plan D : Cut above 27583
Plan E : Consider long only if market holds firm above 27042 and rebounds
Plan F : Cut below 26939
FKLI
Market rebounded strongly towards yesterday's closing, moving in tandem with fierce European markets. A rally look to be on board after consolidating and corrected well.
Plan A : Attempt buying if market stays firm above 1845
Plan B : Cut below 1840
Plan C : Consider intraday selling only if market surges but fails to break above 1855
Plan D : Cut above 1864
FCPO
FCPO opened gap-up yesterday and it eventually closed the gap in the second session. Market so far has not shown any trend yet, therefore, investor may still be alert of the resistances and supports. Dalian and soybean oil are trading positively while Ringgit is slightly weaken at RM 3.64 against the greenback.
Plan A : Overnight buyer hold on to position. Support is looking at 2147. Target is 2196, 2204 and 2234.
Plan B : Seller may sell if market could not break 2179. Target is 2136, 2128 and 2082.
Plan C : Above 2180, do nothing.
Plan D : Below 2150, 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.
Wall Street ended sharply higher on Monday after China moved to stimulate its slowing economy while investors bought up technology stocks on cautious optimism on upcoming earnings reports.
Hong Kong shares posted their biggest loss in four months on Monday, weighed down by an afternoon plunge in Shanghai stocks, even as China's central bank took its boldest policy move yet to bolster the slowing economy.
Plan A : Above 27583, do nothing
Plan B : Below 27042, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 27416
Plan D : Cut above 27583
Plan E : Consider long only if market holds firm above 27042 and rebounds
Plan F : Cut below 26939
FKLI
Market rebounded strongly towards yesterday's closing, moving in tandem with fierce European markets. A rally look to be on board after consolidating and corrected well.
Plan A : Attempt buying if market stays firm above 1845
Plan B : Cut below 1840
Plan C : Consider intraday selling only if market surges but fails to break above 1855
Plan D : Cut above 1864
FCPO
FCPO opened gap-up yesterday and it eventually closed the gap in the second session. Market so far has not shown any trend yet, therefore, investor may still be alert of the resistances and supports. Dalian and soybean oil are trading positively while Ringgit is slightly weaken at RM 3.64 against the greenback.
Plan A : Overnight buyer hold on to position. Support is looking at 2147. Target is 2196, 2204 and 2234.
Plan B : Seller may sell if market could not break 2179. Target is 2136, 2128 and 2082.
Plan C : Above 2180, do nothing.
Plan D : Below 2150, 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.
Sunday, April 19, 2015
20 April 2015
HSI Futures
The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings.
Hong Kong stocks fall on Friday but had a fifth straight weekly gain, thanks to hopes of further money inflows. There was a sell down on Friday night amid new trading regulations in China but a 100 basis points cut on reserve requirement ratio on all banks in China on Sunday would cushion any falls today.
Plan A : Above 27961, do nothing
Plan B : Below 27583, do nothing
Plan C : Attempt selling if market stays trading below 27645
Plan D : Cut above 27791
Plan E : Consider buying if market holds firm above 27583 and triggers buying
Plan F : Cut below 27583
FKLI
Market might open lower today, taking cue from last Friday's Dow but losses could be limited if it choose to consolidate further. Market has been consolidating for the past 7 trading days. An convincing breakout is imminent to decide on next market direction.
Plan A : Attempt selling if market stays trading below 1844.5
Plan B : Cut above 1855
Plan C : Consider buying if market opens low but stays resilient above 1832
Plan D : Cut below 1827
FCPO
FCPO trading range was quite tight last Friday rendering the investor with no clue. Dalian and soybean oil markets traded higher today while Ringgit remains strengthen at RM 3.63 against the greenback.
Plan A : Intraday investor could sell if market gap up and resisted at 2171 and 2183 during the opening hour. Target is 2148 and 2136.
Plan B : Buyer may buy if market retraced and supported above 2148 and 2136. Target is 2197 and 2204.
Plan C : Above 2190, do nothing.
Plan D : Below 2130, 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.
The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings.
Hong Kong stocks fall on Friday but had a fifth straight weekly gain, thanks to hopes of further money inflows. There was a sell down on Friday night amid new trading regulations in China but a 100 basis points cut on reserve requirement ratio on all banks in China on Sunday would cushion any falls today.
Plan A : Above 27961, do nothing
Plan B : Below 27583, do nothing
Plan C : Attempt selling if market stays trading below 27645
Plan D : Cut above 27791
Plan E : Consider buying if market holds firm above 27583 and triggers buying
Plan F : Cut below 27583
FKLI
Market might open lower today, taking cue from last Friday's Dow but losses could be limited if it choose to consolidate further. Market has been consolidating for the past 7 trading days. An convincing breakout is imminent to decide on next market direction.
Plan A : Attempt selling if market stays trading below 1844.5
Plan B : Cut above 1855
Plan C : Consider buying if market opens low but stays resilient above 1832
Plan D : Cut below 1827
FCPO
FCPO trading range was quite tight last Friday rendering the investor with no clue. Dalian and soybean oil markets traded higher today while Ringgit remains strengthen at RM 3.63 against the greenback.
Plan A : Intraday investor could sell if market gap up and resisted at 2171 and 2183 during the opening hour. Target is 2148 and 2136.
Plan B : Buyer may buy if market retraced and supported above 2148 and 2136. Target is 2197 and 2204.
Plan C : Above 2190, do nothing.
Plan D : Below 2130, 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.
Thursday, April 16, 2015
17 April 2015
HSI Futures
U.S. stocks ended marginally lower on Thursday as lingering worries about upcoming corporate earnings reports offset enthusiasm about a trio of soaring Wall Street debuts.
Hong Kong stocks rose on Thursday, as some analysts revised up their index targets in anticipation of fresh money flows from the mainland.
Plan A : Above 27791, do nothing
Plan B : Below 27416, do nothing
Plan C : Attempt selling if market trades below 27652
Plan D : Cut above 27791
Plan E : Consider buying if market gaps down but holds firm above 27416
Plan F : Cut below 27329
FKLI
Another day of seesaw trading for FKLI yesterday with investors still clueless on next market direction. Rotational play can be seen in the cash counters with Ringgit strengthened fiercely to 3.63 against the greenback today while profit taking activities too kicking in at the same time.
Plan A : Attempt buying if market holds firm above 1840
Plan B : Cut below 1832
Plan C : Intraday selling can be considered if market rebounds but fails to break above 1848
Plan D : Cut above 1855
FCPO
FCPO passed the chance for the W-formation and deviates to move down South. Dalian and soybean oil markets are slightly down this morning while crude palm oil also opened slightly lower. Market has two possibilities of going on a downtrend or consolidation if support is not breached.
Plan A : Overnight seller hold on to position unless resistance at 2155 is breached. Target is 2128, 2102 and 2075.
Plan B : Intraday investor or seller may sell if market could rebound near and resist at 2147. Target is 2128 and 2102.
Plan C : Buyer may stay out.
Plan D : Above 2150, do nothing.
Plan E : Below 2120, 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.
U.S. stocks ended marginally lower on Thursday as lingering worries about upcoming corporate earnings reports offset enthusiasm about a trio of soaring Wall Street debuts.
Hong Kong stocks rose on Thursday, as some analysts revised up their index targets in anticipation of fresh money flows from the mainland.
Plan A : Above 27791, do nothing
Plan B : Below 27416, do nothing
Plan C : Attempt selling if market trades below 27652
Plan D : Cut above 27791
Plan E : Consider buying if market gaps down but holds firm above 27416
Plan F : Cut below 27329
FKLI
Another day of seesaw trading for FKLI yesterday with investors still clueless on next market direction. Rotational play can be seen in the cash counters with Ringgit strengthened fiercely to 3.63 against the greenback today while profit taking activities too kicking in at the same time.
Plan A : Attempt buying if market holds firm above 1840
Plan B : Cut below 1832
Plan C : Intraday selling can be considered if market rebounds but fails to break above 1848
Plan D : Cut above 1855
FCPO
FCPO passed the chance for the W-formation and deviates to move down South. Dalian and soybean oil markets are slightly down this morning while crude palm oil also opened slightly lower. Market has two possibilities of going on a downtrend or consolidation if support is not breached.
Plan A : Overnight seller hold on to position unless resistance at 2155 is breached. Target is 2128, 2102 and 2075.
Plan B : Intraday investor or seller may sell if market could rebound near and resist at 2147. Target is 2128 and 2102.
Plan C : Buyer may stay out.
Plan D : Above 2150, do nothing.
Plan E : Below 2120, 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.
Wednesday, April 15, 2015
16 April 2015
HSI Futures
U.S. stocks closed higher on Wednesday, fueled by gains in oil companies and speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought.
Hong Kong stocks held firm on Wednesday despite China's weak economic growth data, amid signs that Chinese mutual fund managers were raising billions of dollars as they sought bargains in the city.
Plan A : Above 27892, do nothing
Plan B : Below 27329, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 27688
Plan D : Cut above 27892
Plan E : Consider buying if market corrects but rebounds strongly above 27329
Plan F : Cut below 27329
FKLI
Market remained dicey for now after consolidating for the past few days. Range trading can be expected until there's a clearer market direction.
Plan A : Attempt buying if market holds firm above 1840
Plan B : Cut below 1832
Plan C : Intraday selling can be considered if market rebounds but fails to break above 1848
Plan D : Cut above 1855
FCPO
FCPO had a standstill yesterday before the switch month. Surge in Dalian and soybean oil markets caused higher opening this morning. Market closed the gap at 2170 yesterday and it is time to decide the whereabouts. Today is the first day of switch month, investor may encounter some market adjustment. Thus, be patient and wait 'till market stabilized.
Stay tune to our forum at http://klse.i3investor.com/servlets/forum/901704783.jsp for the signal to go in. Join us for the discussion to learn more about futures trading.
Plan A : Seller may wait for market to rebound and only sell when market exhausted. Resistance is 2197 and 2204. Target is 2153 and 2139.
Plan B : Intraday investor and buyer may buy if market could support above 2161 and 2153. Target is 2197, 2204 and 2250.
Plan C : Above 2210, do nothing.
Plan D : Below 2150, 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.
U.S. stocks closed higher on Wednesday, fueled by gains in oil companies and speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought.
Hong Kong stocks held firm on Wednesday despite China's weak economic growth data, amid signs that Chinese mutual fund managers were raising billions of dollars as they sought bargains in the city.
Plan A : Above 27892, do nothing
Plan B : Below 27329, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 27688
Plan D : Cut above 27892
Plan E : Consider buying if market corrects but rebounds strongly above 27329
Plan F : Cut below 27329
FKLI
Market remained dicey for now after consolidating for the past few days. Range trading can be expected until there's a clearer market direction.
Plan A : Attempt buying if market holds firm above 1840
Plan B : Cut below 1832
Plan C : Intraday selling can be considered if market rebounds but fails to break above 1848
Plan D : Cut above 1855
FCPO
FCPO had a standstill yesterday before the switch month. Surge in Dalian and soybean oil markets caused higher opening this morning. Market closed the gap at 2170 yesterday and it is time to decide the whereabouts. Today is the first day of switch month, investor may encounter some market adjustment. Thus, be patient and wait 'till market stabilized.
Stay tune to our forum at http://klse.i3investor.com/servlets/forum/901704783.jsp for the signal to go in. Join us for the discussion to learn more about futures trading.
Plan A : Seller may wait for market to rebound and only sell when market exhausted. Resistance is 2197 and 2204. Target is 2153 and 2139.
Plan B : Intraday investor and buyer may buy if market could support above 2161 and 2153. Target is 2197, 2204 and 2250.
Plan C : Above 2210, do nothing.
Plan D : Below 2150, 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.
Tuesday, April 14, 2015
15 April 2015
HSI
Dow and S&P 500 ended higher yesterday with better quarter earnings reports and good performance from the energy stocks as crude oil rebounded after a forecast that US Shale oil output in May would record its first month decline in more than four years.
Hang Seng closed lower yesterday after a rebound to 27918 during the first session. Market has good trading range recently after the surge since early of the month.
Asian stocks are quite mixed today as China is about to release its first quarter GDP. Alongside the GDP data are figures for factory output, fixed asset investment and retail sales for March.
Plan A : Intraday investor may sell if market could rebound and resist near 27788. Target is 27205 and 26872. Place a stop.
Plan B : Buyer may stay out today.
Plan C : Above 27800, do nothing.
Plan D : Below 27500, do nothing.
FKLI
Market flattened lately as it is moving up and down within the same range since last week. FKLI is taking a breather after a long stretch of upside. The correction so far is quite minimal where investor may counter for another surge unless support at 1827 is breached. However, it has not shown any sign of trend for the time being.
Plan A : Intraday investor may continue to trade within the consolidation range of 1848 to 1836. Place a stop.
Plan B : Short term seller may sell if market could not break 1848. Target is 1827.
Plan C : Short term buyer may stay out unless market could support above 1841 today.
Plan D : Above 1850, do nothing.
Plan E : Below 1830, do nothing.
FCPO
FCPO rebounded sharply yesterday after the dip to 2098. Market is forming a initial W-formation and it is yet to be confirmed 'till the resistances are breached. Dalian and soybean oil are up while Ringgit remains weak at RM 3.70 against the greenback.
Plan A : Intraday investor may sell if market opened gap up to 2170 and above. Target is 2136 and 2126.
Plan B : Buyer may wait for correction and buy only if market could support above 2126. Target is 2171 and 2191.
Plan C : Above 2170, do nothing except during opening minute.
Plan D : Below 2130, 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.
Monday, April 13, 2015
14 April 2015
HSI Futures
U.S. stocks dipped on Monday as fears increased that the strong dollar and lower oil prices will hurt U.S. first-quarter earnings.
Hong Kong's bull kept raging on Monday, with the benchmark Hang Seng Index jumping nearly 3 percent to fresh seven-year highs on expectations more money will pour in to hunt for bargains.
Plan A : Above 28352, do nothing
Plan B : Below 27645, do nothing
Plan C : Consider selling if market fails to break above 28352 and retrace
Plan D : Cut above 28352
Plan E : Attempt buying if market corrects and hold firmly above 27645
Plan F : Cut below 27470
FKLI
Market gave up early gains and close unchanged as intraday buyer liquidated their position. Market could be dicey for now as both buyers and sellers are fighting out to the be winner. Persistent selling below 1840 level would further spook buyers and hence pressuring the market.
Plan A : Attempt selling if market stays trading below 1840
Plan B : Cut above 1848
Plan C : Consider buying if market rebound from 1832 and triggers a buy signal again
Plan D : Cut below 1832
FCPO
FCPO had slow day yesterday with narrow range. Ringgit weaken to RM 3.70 against the greenback while Dalian and soybean oil are slightly weaker this morning. Market remains as sell trend as market could not breach resistance during the quick recovery and it subsequently submerged with withdrawal syndrome.
Plan A : Overnight seller hold on to position. Resistance is looking at 2144. Target is 2082 and 1978.
Plan B : Intraday investor may sell if market could not break 2144. Target is 2104 and 2082.
Plan C : Buyer may stay out of market.
Plan D : Above 2150, do nothing.
Plan E : Below 2120, 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.
U.S. stocks dipped on Monday as fears increased that the strong dollar and lower oil prices will hurt U.S. first-quarter earnings.
Hong Kong's bull kept raging on Monday, with the benchmark Hang Seng Index jumping nearly 3 percent to fresh seven-year highs on expectations more money will pour in to hunt for bargains.
Plan A : Above 28352, do nothing
Plan B : Below 27645, do nothing
Plan C : Consider selling if market fails to break above 28352 and retrace
Plan D : Cut above 28352
Plan E : Attempt buying if market corrects and hold firmly above 27645
Plan F : Cut below 27470
FKLI
Market gave up early gains and close unchanged as intraday buyer liquidated their position. Market could be dicey for now as both buyers and sellers are fighting out to the be winner. Persistent selling below 1840 level would further spook buyers and hence pressuring the market.
Plan A : Attempt selling if market stays trading below 1840
Plan B : Cut above 1848
Plan C : Consider buying if market rebound from 1832 and triggers a buy signal again
Plan D : Cut below 1832
FCPO
FCPO had slow day yesterday with narrow range. Ringgit weaken to RM 3.70 against the greenback while Dalian and soybean oil are slightly weaker this morning. Market remains as sell trend as market could not breach resistance during the quick recovery and it subsequently submerged with withdrawal syndrome.
Plan A : Overnight seller hold on to position. Resistance is looking at 2144. Target is 2082 and 1978.
Plan B : Intraday investor may sell if market could not break 2144. Target is 2104 and 2082.
Plan C : Buyer may stay out of market.
Plan D : Above 2150, do nothing.
Plan E : Below 2120, 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.
Sunday, April 12, 2015
13 April 2015
HSI Futures
U.S. stocks ended a strong week with a broad rally on Friday as investors lauded GE's decision to divest most of its high-risk GE Capital business and repurchase up to $50 billion of its shares.
Hong Kong stocks closed on Friday at a seven-year high, posting their biggest weekly gain in more than three years, as the city's bourse expects investment quotas for mainland investors to rise by over 30 percent to accommodate heavy capital inflows.
Plan A : Above 27999, do nothing
Plan B : Below 26967, do nothing
Plan C : Consider intraday sell if market make a fierce surge but fails to break above 27999
Plan D : Cut above 27999
Plan E : Attempt buying if market consolidates well and hold firm above 26967
Plan F : Cut below 26790
FKLI
Market closed at day's low level after failing to hold firm above 1840. Market must at least gain its footing above 1840 level today if it were to avoid being pressured once again today.
Plan A : Consider selling if market stays trading below 1840
Plan B : Cut above 1846
Plan C : Attempt buying if market were to hold firm above 1832 and rebounds beyond 1840
Plan D : Cut below 1832
FCPO
FCPO opened gap-up this morning amid the upside from soybean oil and Dalian market. Market had short-covering last Friday after visiting the low at 2092. However, sell signal is still intact in longer-term charts.
Plan A : Overnight seller may wait unless resistance at 2171 is breached. Target is 2082 and 1978.
Plan B : Fresh seller and intraday investor may sell at rebound if market came near but resisted at 2171. Target is 2119 and 2082. Support at 2144 need to be breached for downtrend.
Plan C : Buyer may stay out today.
Plan D : Above 2180, do nothing.
Plan E : 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.
U.S. stocks ended a strong week with a broad rally on Friday as investors lauded GE's decision to divest most of its high-risk GE Capital business and repurchase up to $50 billion of its shares.
Hong Kong stocks closed on Friday at a seven-year high, posting their biggest weekly gain in more than three years, as the city's bourse expects investment quotas for mainland investors to rise by over 30 percent to accommodate heavy capital inflows.
Plan A : Above 27999, do nothing
Plan B : Below 26967, do nothing
Plan C : Consider intraday sell if market make a fierce surge but fails to break above 27999
Plan D : Cut above 27999
Plan E : Attempt buying if market consolidates well and hold firm above 26967
Plan F : Cut below 26790
FKLI
Market closed at day's low level after failing to hold firm above 1840. Market must at least gain its footing above 1840 level today if it were to avoid being pressured once again today.
Plan A : Consider selling if market stays trading below 1840
Plan B : Cut above 1846
Plan C : Attempt buying if market were to hold firm above 1832 and rebounds beyond 1840
Plan D : Cut below 1832
FCPO
FCPO opened gap-up this morning amid the upside from soybean oil and Dalian market. Market had short-covering last Friday after visiting the low at 2092. However, sell signal is still intact in longer-term charts.
Plan A : Overnight seller may wait unless resistance at 2171 is breached. Target is 2082 and 1978.
Plan B : Fresh seller and intraday investor may sell at rebound if market came near but resisted at 2171. Target is 2119 and 2082. Support at 2144 need to be breached for downtrend.
Plan C : Buyer may stay out today.
Plan D : Above 2180, do nothing.
Plan E : 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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