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.