3 June 2015

HSI Futures

U.S. stocks eased on Tuesday as a jump in bond yields hit utilities and other top dividend payers, but energy gains and optimism Greece is near a deal with creditors limited losses.

Hong Kong stocks slipped on Tuesday, as investors waited for fresh mainland policies to guide money into the city's market and speculated on when the U.S. Federal Reserve will raise interest rates.

Plan A : Above 27402, do nothing
Plan B : Below 27045, do nothing
Plan C : Attempt selling if market stays below 27300
Plan D : Cut above 27402
Plan E : Consider buying if market supports above 27045 and triggers a buy again
Plan F : Cut below 27045


FKLI

Market suffered another day of selling after failing to climb back up above 1740. Market is deemed to be weak with every rebounds seen as an opportunity to sell. Failure to hold above 1719.5 would see market heading towards 1706 level next.

Plan A : Attempt selling if market rebounds but fails to break above 1736
Plan B : Cut above 1742
Plan C : No buying to be attempted for now


FCPO
FCPO experienced some selling pressure towards the end of the session yesterday and it eventually settled at 2315. Dalian is down while soybean oil is trading insignificantly. It is not surprising for market to correct as the gap is too wide over the past two days. 

Plan A : Overnight buyer may hold on to position. Support is looking at 2286. Target is looking at 2365 and 2385.
Plan B : Intraday investor may sell if market could not break 2314. Target is 2286 and 2270.
Plan C : If market could not break 2286, intraday investor may buy and target is looking at 2322 and 2330.
Plan D : Above 2330, do nothing.
Plan E : Below 2280, do nothing.   

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*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.