HSI Futures
Wall Street ended flat on Thursday as investors digested ho-hum corporate earnings and new data showed that the economy grew more quickly in the second quarter.
Hong Kong shares fell on Thursday as fresh losses in mainland China markets outweighed the U.S. Federal Reserve's optimism that the world's largest economy was improving.
Plan A : Above 24620, do nothing
Plan B : Below 24279, do nothing
Plan C : Attempt selling if market stays below 24480
Plan D : Cut above 24555
Plan E : Consider intraday long if market test 24279 and rebounds
Plan F : Cut below 24279
FKLI
Market was seen holding well throughout the day yesterday with discount for August contract to cash market narrowed to 8-points for the close.Market is on the stage of recovery but this could be a short term relief as sentiment of market still remains weak with all the negative political news spreading in the market daily.
August month contract:
Plan A : Attempt selling as long as it stays below 1696
Plan B : Cut above 1700
Plan C : Consider intraday long if it retraces but holds firmly above 1680
Plan D : Cut below 1677
FCPO
CPO went through some choppy trading yesterday before settling at near day's high level. Market could potentially open lower today but trading range could be tight with some consolidation to be expected. Bargain hunters should not be too confident of a market reversal yet as long as it stays below 2128
Plan A : Overnight seller hold on to position. Resistance is looking at 2136. Target 2093 and 2077
Plan B : Intraday investors can sell on rebound. Resistance is at 2128. Target is 2093
Plan C : Buyer may stay out for today
Plan D : Above 2150, do nothing
Plan E : Below 2110, 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, July 30, 2015
Wednesday, July 29, 2015
30 July 2015
HSI Futures
U.S. stocks finished stronger on Wednesday after the U.S. Federal Reserve said the economy and job market continued to strengthen and left its key interest rate unchanged.
Hong Kong shares rose on Wednesday, cheered by a rebound in shares on the mainland in afternoon trade which halted a three-day losing streak. Focus of the day will be on U.S. GDP data due to be released later tonight.
Plan A : Above 24767, do nothing
Plan B : Below 24443, do nothing
Plan C : Consider intraday sell if market fails to break above 24767 and retrace
Plan D : Cut above 24767
Plan E : Attempt buying if market holds firm above 24637
Plan F : Cut below 24546
FKLI
Market attempted another new low yesterday before rebounding to close at 1695 eventually. Forward month is still trading at a huge discount to spot month which signals that market is still bearish. Long term investors might want to wait for a level to initiate a selling as long as market stays below 1716
August month contract:
Plan A : Attempt selling around 1690-1692
Plan B : Cut above 1700
Plan C : Consider intraday long if market stays firm above 1678
Plan D : Cut below 1673
FCPO
FCPO plunged after the gap-up on Wednesday morning. Overnight soybean oil closed down $0.45 while Dalian is relatively weak. RM remains at RM3.81 against the US Dollar. Market continued with its downtrend and visited the low at 2108. Trading is still on short selling bias but evaluate your risk before entering a position.
Plan A : Overnight seller hold on to position. Resistance is looking at 2146. Target is 2093 and 2077.
Plan B : Intraday investor may sell at rebound. Resistance is looking at 2131. Target is 2093.
Plan C : Buyer may stay out today.
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 finished stronger on Wednesday after the U.S. Federal Reserve said the economy and job market continued to strengthen and left its key interest rate unchanged.
Hong Kong shares rose on Wednesday, cheered by a rebound in shares on the mainland in afternoon trade which halted a three-day losing streak. Focus of the day will be on U.S. GDP data due to be released later tonight.
Plan A : Above 24767, do nothing
Plan B : Below 24443, do nothing
Plan C : Consider intraday sell if market fails to break above 24767 and retrace
Plan D : Cut above 24767
Plan E : Attempt buying if market holds firm above 24637
Plan F : Cut below 24546
FKLI
Market attempted another new low yesterday before rebounding to close at 1695 eventually. Forward month is still trading at a huge discount to spot month which signals that market is still bearish. Long term investors might want to wait for a level to initiate a selling as long as market stays below 1716
August month contract:
Plan A : Attempt selling around 1690-1692
Plan B : Cut above 1700
Plan C : Consider intraday long if market stays firm above 1678
Plan D : Cut below 1673
FCPO
FCPO plunged after the gap-up on Wednesday morning. Overnight soybean oil closed down $0.45 while Dalian is relatively weak. RM remains at RM3.81 against the US Dollar. Market continued with its downtrend and visited the low at 2108. Trading is still on short selling bias but evaluate your risk before entering a position.
Plan A : Overnight seller hold on to position. Resistance is looking at 2146. Target is 2093 and 2077.
Plan B : Intraday investor may sell at rebound. Resistance is looking at 2131. Target is 2093.
Plan C : Buyer may stay out today.
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.
Tuesday, July 28, 2015
29 July 2015
HSI Futures
U.S. stocks ended sharply higher on Tuesday, breaking a five-day losing streak as attention shifted from trouble in Chinese equities to U.S. corporate earnings and to speculation the first Federal Reserve interest rate hike may not come until December.
Hong Kong blue chip stocks rose on Tuesday, bucking falls for mainland shares, on hopes for a stabilizing China market as Beijing hinted at further monetary easing.
Plan A : Above 24767, do nothing
Plan B : Below 24166, do nothing
Plan C : Attempt selling if market stays below 24509
Plan D : Cut above 24685
Plan E : Consider intraday buy if market touch and rebounds from 24166 once again
Plan F : Cut below 24166
FKLI
Market plunged in the afternoon session after changes in Malaysian cabinet and also change of Deputy Prime Minister. Market could rebound a little today, taking cue from other regional markets but recovery could be capped with political instability happening in Malaysia.
Plan A : Attempt selling if market rebounds but fails to break above 1703
Plan B : Cut above 1708
Plan C : Intraday buying to be considered only if market dives and rebounds from 1682.5
Plan D : Cut below 1677
FCPO
FCPO regained its losses during the second session in tandem with the soybean oil. Dalian and overnight soybean oil are at positive outlook while Ringgit stay put at RM3.81. Market is heading down South in overview, however, it could be some hiccup in the morning with the positive regional market.
Plan A : Overnight seller hold on to position. Resistance is looking at 2151. Target is 2070 and 2064.
Plan B : Intraday investor and fresh seller may sell if market could not breach 2151. Intraday target are 2123 and 2115. Hold overnight if market could close below 2130.
Plan C : Buyer may stay out of market.
Plan D : Above 2150, do nothing.
Plan E : 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.
U.S. stocks ended sharply higher on Tuesday, breaking a five-day losing streak as attention shifted from trouble in Chinese equities to U.S. corporate earnings and to speculation the first Federal Reserve interest rate hike may not come until December.
Hong Kong blue chip stocks rose on Tuesday, bucking falls for mainland shares, on hopes for a stabilizing China market as Beijing hinted at further monetary easing.
Plan A : Above 24767, do nothing
Plan B : Below 24166, do nothing
Plan C : Attempt selling if market stays below 24509
Plan D : Cut above 24685
Plan E : Consider intraday buy if market touch and rebounds from 24166 once again
Plan F : Cut below 24166
FKLI
Market plunged in the afternoon session after changes in Malaysian cabinet and also change of Deputy Prime Minister. Market could rebound a little today, taking cue from other regional markets but recovery could be capped with political instability happening in Malaysia.
Plan A : Attempt selling if market rebounds but fails to break above 1703
Plan B : Cut above 1708
Plan C : Intraday buying to be considered only if market dives and rebounds from 1682.5
Plan D : Cut below 1677
FCPO
FCPO regained its losses during the second session in tandem with the soybean oil. Dalian and overnight soybean oil are at positive outlook while Ringgit stay put at RM3.81. Market is heading down South in overview, however, it could be some hiccup in the morning with the positive regional market.
Plan A : Overnight seller hold on to position. Resistance is looking at 2151. Target is 2070 and 2064.
Plan B : Intraday investor and fresh seller may sell if market could not breach 2151. Intraday target are 2123 and 2115. Hold overnight if market could close below 2130.
Plan C : Buyer may stay out of market.
Plan D : Above 2150, do nothing.
Plan E : 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, July 27, 2015
28 July 2015
HSI Futures
Wall Street sank on Monday, with the Nasdaq losing almost 1 percent after the steepest decline in Chinese stocks in eight years increased concerns that cooling growth in the world's No. 2 economy could hurt China's trading partners.
China said on Monday it was prepared to buy shares to stabilize the stock market and avert "systemic risks", after major indices plunged more than 8 percent in the biggest one-day fall since 2007. Monday's slump, amid growing doubts about the strength of the world's second biggest economy, shattered three weeks of relative calm as a barrage of support measures helped stabilize values following a sharp sell-off that started in mid-June.
Plan A : Above 24530, do nothing
Plan B : Below 24166, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24530
Plan D : Cut above 24631
Plan E : Consider intraday buy if market gaps down but rebounds from 24166
Plan F : Cut below 24166
FKLI
Market look set for a downtrend with market closed right above its immediate support of 1703 yesterday. Weak regional markets are expected to cause FKLI to open lower today and hence confirming a sell especially if it stays below 1703 today.
Plan A : Attempt selling if market stays below 1703
Plan B : Cut above 1710
Plan C : No buying to be attempted for the time being. Intraday support seen at 1682
FCPO
FCPO continue to move sideway in narrow range on Monday. Dalian and soybean oil are down slightly while Ringgit stays weak at RM3.81 against the US Dollar.
Plan A : Overnight seller hold on to position. Resistance is looking at 2167. Targets are 2132, 2093 and 2077.
Plan B : Fresh seller or intraday investor may sell if market could rebound and resist at 2152. Target is 2132 and 2093.
Plan C : Buyer may stay out.
Plan D : Above 2170, do nothing.
Plan E : Below 2140, do nothing.
Wall Street sank on Monday, with the Nasdaq losing almost 1 percent after the steepest decline in Chinese stocks in eight years increased concerns that cooling growth in the world's No. 2 economy could hurt China's trading partners.
China said on Monday it was prepared to buy shares to stabilize the stock market and avert "systemic risks", after major indices plunged more than 8 percent in the biggest one-day fall since 2007. Monday's slump, amid growing doubts about the strength of the world's second biggest economy, shattered three weeks of relative calm as a barrage of support measures helped stabilize values following a sharp sell-off that started in mid-June.
Plan A : Above 24530, do nothing
Plan B : Below 24166, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24530
Plan D : Cut above 24631
Plan E : Consider intraday buy if market gaps down but rebounds from 24166
Plan F : Cut below 24166
FKLI
Market look set for a downtrend with market closed right above its immediate support of 1703 yesterday. Weak regional markets are expected to cause FKLI to open lower today and hence confirming a sell especially if it stays below 1703 today.
Plan A : Attempt selling if market stays below 1703
Plan B : Cut above 1710
Plan C : No buying to be attempted for the time being. Intraday support seen at 1682
FCPO
FCPO continue to move sideway in narrow range on Monday. Dalian and soybean oil are down slightly while Ringgit stays weak at RM3.81 against the US Dollar.
Plan A : Overnight seller hold on to position. Resistance is looking at 2167. Targets are 2132, 2093 and 2077.
Plan B : Fresh seller or intraday investor may sell if market could rebound and resist at 2152. Target is 2132 and 2093.
Plan C : Buyer may stay out.
Plan D : Above 2170, 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.
Sunday, July 26, 2015
27 July 2015
HSI Futures
The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.
Hong Kong stocks posted their biggest one-day drop in two weeks on Friday, tracking sluggish overseas markets, and taking cues from a correction in mainland shares.
Plan A : Above 25261, do nothing
Plan B : Below 24941, do nothing
Plan C : Attempt selling if market breaks below 25128
Plan D : Cut above 25261
Plan E : Consider buying if market supported above 24941 and rebounds
Plan F : Cut below 24869
FKLI
Market look destined for a fall despite some last minute buy up last Friday before close. Market is deemed to be weak especially if it stays below 1716-level
Plan A : Attempt selling if market stays below 1716
Plan B : Cut above 1721
Plan C : Intraday buying to be considered if market touch 1703 and rebounds
Plan D : Cut below 1697
FCPO
FCPO loitered around 2186 to 2174 on Friday with little chance of trading opportunity. Dalian and overnight soybean oil are down quite significantly while RM remains at RM3.80 against the greenback. Market might gap down during opening due to weak regional market and it is heading down South.
Plan A : Intraday investor and fresh seller may sell if market could rebound and resist at 2179. Intraday targets are 2150 and 2132. Longer term targets are 2093 and 2077.
Plan B : Buyer may stay out of market.
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.
The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.
Hong Kong stocks posted their biggest one-day drop in two weeks on Friday, tracking sluggish overseas markets, and taking cues from a correction in mainland shares.
Plan A : Above 25261, do nothing
Plan B : Below 24941, do nothing
Plan C : Attempt selling if market breaks below 25128
Plan D : Cut above 25261
Plan E : Consider buying if market supported above 24941 and rebounds
Plan F : Cut below 24869
FKLI
Market look destined for a fall despite some last minute buy up last Friday before close. Market is deemed to be weak especially if it stays below 1716-level
Plan A : Attempt selling if market stays below 1716
Plan B : Cut above 1721
Plan C : Intraday buying to be considered if market touch 1703 and rebounds
Plan D : Cut below 1697
FCPO
FCPO loitered around 2186 to 2174 on Friday with little chance of trading opportunity. Dalian and overnight soybean oil are down quite significantly while RM remains at RM3.80 against the greenback. Market might gap down during opening due to weak regional market and it is heading down South.
Plan A : Intraday investor and fresh seller may sell if market could rebound and resist at 2179. Intraday targets are 2150 and 2132. Longer term targets are 2093 and 2077.
Plan B : Buyer may stay out of market.
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.
Thursday, July 23, 2015
24 July 2015
HSI Futures
U.S. stocks fell for the third straight day on Thursday after disappointing corporate results and forecasts added to concerns about the U.S. profit outlook.
Hong Kong stocks, which have been moving mostly in tandem with their mainland peers, rose on Thursday, encouraged by a six-day winning streak in the Shanghai market. China's closely watched Markit PMI, handled by new sponsor Caixin will release its data at 9.45 am this morning.
Plan A : Above 25426, do nothing
Plan B : Below 25210, do nothing
Plan C : Attempt selling if market breaks below 25320
Plan D : Cut above 25426
Plan E : Consider buying only if market holds stubbornly above 25210 and rebounds
Plan F : Cut below 25210
FKLI
Market showing signs of weakness despite holding above 1716 yesterday. Buyers will have to be cautious today if market stays below 1723 and fails to hold above 1716. Failure to close above 1716 might signal that market could turn down from here onwards.
Plan A : Attempt selling if market breaks below 1716
Plan B : Cut above 1723
Plan C : Intraday buying to be considered only if market touch and rebounds from 1705.5
Plan D : Cut below 1701
FCPO
FCPO flattened yesterday and eventually ended with low volume. Dalian and overnight soybean oil are down slightly while Ringgit remains at RM3.81 against the greenback. Market opened slightly lower due to weak Dalian.
Plan A : Overnight buyer exit if support at 2184 is breached.
Plan B : Intraday investor may sell if market could rebound and resist at 2196. Target is 2173 and 2158.
Plan C : Buyer may stay out unless it forms a support level later on. Ask us how at futures.coin@gmail.com
Plan D : Above 2200, do nothing.
Plan E : 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.
U.S. stocks fell for the third straight day on Thursday after disappointing corporate results and forecasts added to concerns about the U.S. profit outlook.
Hong Kong stocks, which have been moving mostly in tandem with their mainland peers, rose on Thursday, encouraged by a six-day winning streak in the Shanghai market. China's closely watched Markit PMI, handled by new sponsor Caixin will release its data at 9.45 am this morning.
Plan A : Above 25426, do nothing
Plan B : Below 25210, do nothing
Plan C : Attempt selling if market breaks below 25320
Plan D : Cut above 25426
Plan E : Consider buying only if market holds stubbornly above 25210 and rebounds
Plan F : Cut below 25210
FKLI
Market showing signs of weakness despite holding above 1716 yesterday. Buyers will have to be cautious today if market stays below 1723 and fails to hold above 1716. Failure to close above 1716 might signal that market could turn down from here onwards.
Plan A : Attempt selling if market breaks below 1716
Plan B : Cut above 1723
Plan C : Intraday buying to be considered only if market touch and rebounds from 1705.5
Plan D : Cut below 1701
FCPO
FCPO flattened yesterday and eventually ended with low volume. Dalian and overnight soybean oil are down slightly while Ringgit remains at RM3.81 against the greenback. Market opened slightly lower due to weak Dalian.
Plan A : Overnight buyer exit if support at 2184 is breached.
Plan B : Intraday investor may sell if market could rebound and resist at 2196. Target is 2173 and 2158.
Plan C : Buyer may stay out unless it forms a support level later on. Ask us how at futures.coin@gmail.com
Plan D : Above 2200, do nothing.
Plan E : 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.
Wednesday, July 22, 2015
23 July 2015
HSI Futures
Wall Street declined for a second straight session on Wednesday as the technology sector fell on disappointing results from giants including Apple.
Hong Kong stocks fell on Wednesday, tracking losses in overseas markets, with tech shares leading the decline.
Plan A : Above 25566, do nothing
Plan B : Below 25022, do nothing
Plan C : Attempt selling if market remains trading below 25360
Plan D : Cut above 25426
Plan E : Consider buying if market supported above 25022 and rebounds
Plan F : Cut below 24993
FKLI
Market went through some dicey trading yesterday before settling at 1721 for the day. Trading range could remains almost the same today with supports stays at 1716 with resistance stood at 1726.
Plan A : Attempt buying if market rebounds from support of 1716
Plan B : Cut below 1711
Plan C : Consider intraday sell if market fails to break above 1726
Plan D : Cut above 1731
FCPO
Market had a wild run on Wednesday after tipping at 2221 and triggering the day low at 2197 not long after. Dalian and overnight soybean oil are down significantly while Ringgit stay put at RM3.80 against the US Dollar.
Plan A : Overnight buyer may take precaution and exit if support at 2184 is breached.
Plan B : Intraday investor and fresh seller may sell if market could rebound and resisted at 2210. Target is 2193, 2184 and 2165.
Plan C : Buyer may wait and see until market could support above 2193. Target is 2210 and 2230 and 2244.
Plan D : Above 2210, do nothing.
Plan E : 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.
Wall Street declined for a second straight session on Wednesday as the technology sector fell on disappointing results from giants including Apple.
Hong Kong stocks fell on Wednesday, tracking losses in overseas markets, with tech shares leading the decline.
Plan A : Above 25566, do nothing
Plan B : Below 25022, do nothing
Plan C : Attempt selling if market remains trading below 25360
Plan D : Cut above 25426
Plan E : Consider buying if market supported above 25022 and rebounds
Plan F : Cut below 24993
FKLI
Market went through some dicey trading yesterday before settling at 1721 for the day. Trading range could remains almost the same today with supports stays at 1716 with resistance stood at 1726.
Plan A : Attempt buying if market rebounds from support of 1716
Plan B : Cut below 1711
Plan C : Consider intraday sell if market fails to break above 1726
Plan D : Cut above 1731
FCPO
Market had a wild run on Wednesday after tipping at 2221 and triggering the day low at 2197 not long after. Dalian and overnight soybean oil are down significantly while Ringgit stay put at RM3.80 against the US Dollar.
Plan A : Overnight buyer may take precaution and exit if support at 2184 is breached.
Plan B : Intraday investor and fresh seller may sell if market could rebound and resisted at 2210. Target is 2193, 2184 and 2165.
Plan C : Buyer may wait and see until market could support above 2193. Target is 2210 and 2230 and 2244.
Plan D : Above 2210, do nothing.
Plan E : 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.
Tuesday, July 21, 2015
22 July 2015
HSI Futures
U.S. stocks closed lower on Tuesday as results from IBM and United Technologies dampened early optimism over earnings season and after-the-bell declines in major tech shares suggested losses would continue on Wednesday.
Hong Kong stocks rose on Tuesday, with investors encouraged by signs that mainland share markets are stabilizing.
Plan A : Above 25637, do nothing
Plan B : Below 25332, do nothing
Plan C : Attempt selling if market trades below 25430
Plan D : Cut above 25566
Plan E : Consider buying only if market rebounds strongly after touching 25332
Plan F : Cut below 25261
FKLI
Market caught everyone by surprise in yesterday morning's trading where it dived to a low of 1705.5 before rebounded strongly to settle at 1732 for the day. Many intraday players were being caught both ways. Market could face some minor profit takings today, taking cue from overnight Dow but overall will likely be supported above 1721 level.
Plan A : Attempt intraday sell if market stays below 1735
Plan B : Cut above 1740
Plan C : Attempt buying if market were to retrace but hold firmly above 1721
Plan D : Cut below 1716
FCPO
FCPO breakthrough the resistances on Tuesday, challenging previous high at 2230 towards the closing bell. Dalian and soybean oil are slightly positive while Ringgit remains at RM3.79 against the US Dollar.
Plan A : Overnight buyer hold on to position. Support is looking at 2194. Target is 2244 and 2263.
Plan B : Intraday investor may buy if market could support above 2203. Target is 2230 and 2244.
Plan C : Fresh seller may stay out of market. There is some critical point that seller may react. Ask us at futures.coin@gmail.com
Plan D : Above 2250, do nothing.
Plan E : Below 2190, 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 lower on Tuesday as results from IBM and United Technologies dampened early optimism over earnings season and after-the-bell declines in major tech shares suggested losses would continue on Wednesday.
Hong Kong stocks rose on Tuesday, with investors encouraged by signs that mainland share markets are stabilizing.
Plan A : Above 25637, do nothing
Plan B : Below 25332, do nothing
Plan C : Attempt selling if market trades below 25430
Plan D : Cut above 25566
Plan E : Consider buying only if market rebounds strongly after touching 25332
Plan F : Cut below 25261
FKLI
Market caught everyone by surprise in yesterday morning's trading where it dived to a low of 1705.5 before rebounded strongly to settle at 1732 for the day. Many intraday players were being caught both ways. Market could face some minor profit takings today, taking cue from overnight Dow but overall will likely be supported above 1721 level.
Plan A : Attempt intraday sell if market stays below 1735
Plan B : Cut above 1740
Plan C : Attempt buying if market were to retrace but hold firmly above 1721
Plan D : Cut below 1716
FCPO
FCPO breakthrough the resistances on Tuesday, challenging previous high at 2230 towards the closing bell. Dalian and soybean oil are slightly positive while Ringgit remains at RM3.79 against the US Dollar.
Plan A : Overnight buyer hold on to position. Support is looking at 2194. Target is 2244 and 2263.
Plan B : Intraday investor may buy if market could support above 2203. Target is 2230 and 2244.
Plan C : Fresh seller may stay out of market. There is some critical point that seller may react. Ask us at futures.coin@gmail.com
Plan D : Above 2250, do nothing.
Plan E : Below 2190, 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, July 20, 2015
21 July 2015
HSI Futures
Wall Street finished little changed on Monday as a better-than-expected start to corporate earnings season boosted investor confidence, but gains were curbed by a drop in commodities.
Hong Kong stocks ended Monday mixed, as investors awaited fresh direction from mainland markets after they seemed to stabilise.
Plan A : Above 25637, do nothing
Plan B : Below 25332, do nothing
Plan C : Consider selling if market fails to break above 25566 and retrace
Plan D : Cut above 25637
Plan E : Attempt buying if market stays firm above 25380
Plan F : Cut below 25261
FKLI
Market surged to an intraday high of 1736.5 before retracing and closed at 1721.5. Market could potentially consolidating for now as market survived a scare and rebounded from 1716.5. Firmer regional markets could lend support but weaker commodities prices could dampen any strong surge.
Plan A : Attempt buying as long as market stays above 1716
Plan B : Cut below 1708
Plan C : Consider intraday sell if market stays below 1724
Plan D : Cut above 1731
FCPO
FCPO remained stubborn, rebounding from its intraday low level of 2165 before settling near day's high level at 2188. Firmer bean and Dalian look likely to spur market up in the morning opening today. Weak global commodities prices could still weigh on any potential upside for CPO today. Hence, selling on rebound could still be the better trading technique for the day.
Plan A : Overnight seller hold on to position. Resistance 2213. Target 2077
Plan B : Intraday investors can consider selling if market stays below 2213. Target 2187 and 2166
Plan C : Buyer may stay out of market
Plan D : Above 2220, do nothing
Plan E : 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.
Wall Street finished little changed on Monday as a better-than-expected start to corporate earnings season boosted investor confidence, but gains were curbed by a drop in commodities.
Hong Kong stocks ended Monday mixed, as investors awaited fresh direction from mainland markets after they seemed to stabilise.
Plan A : Above 25637, do nothing
Plan B : Below 25332, do nothing
Plan C : Consider selling if market fails to break above 25566 and retrace
Plan D : Cut above 25637
Plan E : Attempt buying if market stays firm above 25380
Plan F : Cut below 25261
FKLI
Market surged to an intraday high of 1736.5 before retracing and closed at 1721.5. Market could potentially consolidating for now as market survived a scare and rebounded from 1716.5. Firmer regional markets could lend support but weaker commodities prices could dampen any strong surge.
Plan A : Attempt buying as long as market stays above 1716
Plan B : Cut below 1708
Plan C : Consider intraday sell if market stays below 1724
Plan D : Cut above 1731
FCPO
FCPO remained stubborn, rebounding from its intraday low level of 2165 before settling near day's high level at 2188. Firmer bean and Dalian look likely to spur market up in the morning opening today. Weak global commodities prices could still weigh on any potential upside for CPO today. Hence, selling on rebound could still be the better trading technique for the day.
Plan A : Overnight seller hold on to position. Resistance 2213. Target 2077
Plan B : Intraday investors can consider selling if market stays below 2213. Target 2187 and 2166
Plan C : Buyer may stay out of market
Plan D : Above 2220, do nothing
Plan E : 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.
Sunday, July 19, 2015
20 July 2015
HSI Futures
A major rally in Google pushed the Nasdaq to a second straight record high on Friday while weak energy stocks weighed on the Dow and S&P 500.
Hong Kong blue chip stocks rose on Friday as investors cautiously watched a surge in volatile China share indexes, ending the week in positive territory after four straight weeks of decline. Japan markets are closed for Ocean Day celebration today.
Plan A : Above 25566, do nothing
Plan B : Below 25022, do nothing
Plan C : Consider selling if market fails to break above 25485
Plan D : Cut above 25566
Plan E : Attempt buying if market corrects but holds firm above 25360
Plan F : Cut below 25250
FKLI
Market remained firm last Thursday before going into long Hari Raya holiday. Market look likely to stay resilient for now with immediate support seen at 1722 while resistance stood at 1735.
Plan A : Eager sellers can consider taking an intraday short if market fails to break above 1735
Plan B : Cut above 1740
Plan C : Attempt long if market stays firm above 1722
Plan D : Cut below 1716
FCPO
FCPO pulled back to 2199 last Thursday at the closing bell while investor were off for festive holiday. Dalian and soybean oil are slightly down; Ringgit anchored at RM 3.80 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is 2201. Target is 2077.
Plan B : Intraday investor and fresh seller may sell if market resisted at 2179. Target is 2150 and 2132.
Plan C : Buyer may stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2170, 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.
A major rally in Google pushed the Nasdaq to a second straight record high on Friday while weak energy stocks weighed on the Dow and S&P 500.
Hong Kong blue chip stocks rose on Friday as investors cautiously watched a surge in volatile China share indexes, ending the week in positive territory after four straight weeks of decline. Japan markets are closed for Ocean Day celebration today.
Plan A : Above 25566, do nothing
Plan B : Below 25022, do nothing
Plan C : Consider selling if market fails to break above 25485
Plan D : Cut above 25566
Plan E : Attempt buying if market corrects but holds firm above 25360
Plan F : Cut below 25250
FKLI
Market remained firm last Thursday before going into long Hari Raya holiday. Market look likely to stay resilient for now with immediate support seen at 1722 while resistance stood at 1735.
Plan A : Eager sellers can consider taking an intraday short if market fails to break above 1735
Plan B : Cut above 1740
Plan C : Attempt long if market stays firm above 1722
Plan D : Cut below 1716
FCPO
FCPO pulled back to 2199 last Thursday at the closing bell while investor were off for festive holiday. Dalian and soybean oil are slightly down; Ringgit anchored at RM 3.80 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is 2201. Target is 2077.
Plan B : Intraday investor and fresh seller may sell if market resisted at 2179. Target is 2150 and 2132.
Plan C : Buyer may stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2170, 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, July 15, 2015
16 July 2015
HSI Futures
U.S. stocks edged lower on Wednesday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector in the latter stages of trading.
China stocks tumbled in afternoon trade on Wednesday, despite surprisingly positive official economic data, as a recent post-rout, government-triggered rebound appeared to be running out of steam.
Plan A : Above 25240, do nothing
Plan B : Below 24828, do nothing
Plan C : Consider selling if market fails to break above 25240 and retrace
Plan D : Cut above 25284
Plan E : Attempt buying if market holds firm above 25022
Plan F : Cut below 24828
FKLI
Market continued its good run with market closing at day's high level yesterday. Market will only trade for first session today before going on a long Raya weekend holiday. Quiet market can be expected to trading range expected to be within the range of 1720-1735.
Plan A : Attempt buying around 1720 level
Plan B : Cut below 1715
Plan C : Consider intraday sell if market touch 1735 but fails to break through
Plan D : Cut above 1740
FCPO
FCPO regained the losses made in the second session, settling at 2196. Dalian and overnight soybean oil are weak today while Ringgit remains at RM3.80 against the greenback. Just a reminder for intraday player, today is a half day trading market.
Plan A : Overnight seller hold on to position. Resistance is looking at 2203. Target is 2164 and 2077.
Plan B : Intraday investor or seller may sell if market could rebound and resist at 2194 or 2181. Target is 2164, 2150 and 2132.
Plan C : Buyer stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2160, 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 edged lower on Wednesday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector in the latter stages of trading.
China stocks tumbled in afternoon trade on Wednesday, despite surprisingly positive official economic data, as a recent post-rout, government-triggered rebound appeared to be running out of steam.
Plan A : Above 25240, do nothing
Plan B : Below 24828, do nothing
Plan C : Consider selling if market fails to break above 25240 and retrace
Plan D : Cut above 25284
Plan E : Attempt buying if market holds firm above 25022
Plan F : Cut below 24828
FKLI
Market continued its good run with market closing at day's high level yesterday. Market will only trade for first session today before going on a long Raya weekend holiday. Quiet market can be expected to trading range expected to be within the range of 1720-1735.
Plan A : Attempt buying around 1720 level
Plan B : Cut below 1715
Plan C : Consider intraday sell if market touch 1735 but fails to break through
Plan D : Cut above 1740
FCPO
FCPO regained the losses made in the second session, settling at 2196. Dalian and overnight soybean oil are weak today while Ringgit remains at RM3.80 against the greenback. Just a reminder for intraday player, today is a half day trading market.
Plan A : Overnight seller hold on to position. Resistance is looking at 2203. Target is 2164 and 2077.
Plan B : Intraday investor or seller may sell if market could rebound and resist at 2194 or 2181. Target is 2164, 2150 and 2132.
Plan C : Buyer stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2160, 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, July 14, 2015
15 July 2015
HSI Futures
Wall Street gained for a fourth straight session on Tuesday, its longest winning streak since January, buoyed by the energy sector as oil prices rebounded from early declines.
Hong Kong stocks fell on Tuesday, ending three straight days of gains, as many investors cautiously watched a slide in China key indexes and ignoring firmer overseas markets after Greece struck a deal with creditors. Trading will be cautious today with China GDP data due to released at 10 am this morning.
Plan A : Above 25240, do nothing
Plan B : Below 24828, do nothing
Plan C : Consider selling if market fails to break above 25240 and retrace
Plan D : Cut above 25284
Plan E : Attempt buying if market holds firm above 25022
Plan F : Cut below 24828
FKLI
Market continued to remain resilient despite some minor scare in the afternoon open yesterday. Despite some minor turbulence, market is expected to stay firm as long as it hold above 1705.
Plan A : Attempt buying if market retrace but holds firm above 1710
Plan B : Cut below 1705
Plan C : Consider intraday sell if market once again fails to break above 1722
Plan D : Cut above 1728
FCPO
FCPO lost its earlier gain on Tuesday, settling at 2201 for the day as selling pressure exerted towards the eleventh hour. Overnight soybean oil is down US$0.34 while Dalian and current soybean oil are at slight positive reading. Slimming Ringgit remains at RM3.80.
Plan A : Overnight seller hold on to position. Resistance is looking at 2211. Target is 2164 and 2077.
Plan B : Intraday investor may sell if market resist at 2202 and 2197. Target is 2181 and 2164.
Plan C : Buyer may stay out of market.
Plan D : Above 2210, do nothing.
Plan E : Below 2160, 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 gained for a fourth straight session on Tuesday, its longest winning streak since January, buoyed by the energy sector as oil prices rebounded from early declines.
Hong Kong stocks fell on Tuesday, ending three straight days of gains, as many investors cautiously watched a slide in China key indexes and ignoring firmer overseas markets after Greece struck a deal with creditors. Trading will be cautious today with China GDP data due to released at 10 am this morning.
Plan A : Above 25240, do nothing
Plan B : Below 24828, do nothing
Plan C : Consider selling if market fails to break above 25240 and retrace
Plan D : Cut above 25284
Plan E : Attempt buying if market holds firm above 25022
Plan F : Cut below 24828
FKLI
Market continued to remain resilient despite some minor scare in the afternoon open yesterday. Despite some minor turbulence, market is expected to stay firm as long as it hold above 1705.
Plan A : Attempt buying if market retrace but holds firm above 1710
Plan B : Cut below 1705
Plan C : Consider intraday sell if market once again fails to break above 1722
Plan D : Cut above 1728
FCPO
FCPO lost its earlier gain on Tuesday, settling at 2201 for the day as selling pressure exerted towards the eleventh hour. Overnight soybean oil is down US$0.34 while Dalian and current soybean oil are at slight positive reading. Slimming Ringgit remains at RM3.80.
Plan A : Overnight seller hold on to position. Resistance is looking at 2211. Target is 2164 and 2077.
Plan B : Intraday investor may sell if market resist at 2202 and 2197. Target is 2181 and 2164.
Plan C : Buyer may stay out of market.
Plan D : Above 2210, do nothing.
Plan E : Below 2160, 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, July 13, 2015
14 July 2015
HSI Futures
U.S. stocks finished sharply higher on Monday, with the Dow Jones industrial average re-emerging in positive territory for the year, after euro zone leaders reached a tentative deal to bail out Greece.
Hong Kong stocks rose for a third straight day as investors cautiously built up positions, tracking a continuous recovery in mainland shares after China launched a fresh crackdown on margin lending.
Plan A : Above 25240, do nothing
Plan B : Below 24828, do nothing
Plan C : Consider selling if market fails to break above 25240 and retrace
Plan D : Cut above 25284
Plan E : Attempt buying if market holds firm above 25022
Plan F : Cut below 24828
FKLI
Market for second consecutive days, hold firm above 1700-level. Market could potentially looking for a bottom before rallying once again. As long as market holds above 1705, there will be a chance of seeing 1735-level next.
Plan A : Attempt buying if market stays firm above 1705
Plan B : Cut below 1696
Plan C : Consider intraday sell if market surge but fails to break above 1735
Plan D : Cut above 1740
FCPO
FCPO slowly crawled back to where it started to dive from. Dalian and soybean oil are quite strong this morning while Ringgit remains at RM3.80 against the greenback. It is inevitable for a gap up this morning as Dalian roars.
Plan A : Intraday investor or seller may sell if market open gap up and resisted at 2234. Target is 2198 and 2183.
Plan B : If market does not gap up during opening, seller or intraday investor may sell if market could not break 2209. Target is 2183, 2170 and 2157. Hold overnight if market could close below 2183 for the day.
Plan C : Buyer may stay out.
Plan D : Above 2240, do nothing.
Plan E : 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.
U.S. stocks finished sharply higher on Monday, with the Dow Jones industrial average re-emerging in positive territory for the year, after euro zone leaders reached a tentative deal to bail out Greece.
Hong Kong stocks rose for a third straight day as investors cautiously built up positions, tracking a continuous recovery in mainland shares after China launched a fresh crackdown on margin lending.
Plan A : Above 25240, do nothing
Plan B : Below 24828, do nothing
Plan C : Consider selling if market fails to break above 25240 and retrace
Plan D : Cut above 25284
Plan E : Attempt buying if market holds firm above 25022
Plan F : Cut below 24828
FKLI
Market for second consecutive days, hold firm above 1700-level. Market could potentially looking for a bottom before rallying once again. As long as market holds above 1705, there will be a chance of seeing 1735-level next.
Plan A : Attempt buying if market stays firm above 1705
Plan B : Cut below 1696
Plan C : Consider intraday sell if market surge but fails to break above 1735
Plan D : Cut above 1740
FCPO
FCPO slowly crawled back to where it started to dive from. Dalian and soybean oil are quite strong this morning while Ringgit remains at RM3.80 against the greenback. It is inevitable for a gap up this morning as Dalian roars.
Plan A : Intraday investor or seller may sell if market open gap up and resisted at 2234. Target is 2198 and 2183.
Plan B : If market does not gap up during opening, seller or intraday investor may sell if market could not break 2209. Target is 2183, 2170 and 2157. Hold overnight if market could close below 2183 for the day.
Plan C : Buyer may stay out.
Plan D : Above 2240, do nothing.
Plan E : 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.
Sunday, July 12, 2015
13 July 2015
HSI Futures
U.S. stocks closed broadly higher on Friday, with major indexes ending up more than 1 percent on hopes Greece would be able to secure fresh funding at an upcoming meeting, which would allow it to avert bankruptcy and remain in the euro zone.
Hong Kong stocks surged for the second day on Friday to trim losses for the week, tracking the turnaround in China's markets after Beijing unleashed a series of support measures staunch losses after a worryingly steep decline.
Plan A : Above 25022, do nothing
Plan B : Below 24477, do nothing
Plan C : Consider selling if market fails to break above 25022 and retrace
Plan D : Cut above 25022
Plan E : Attempt buying if market holds firm above 24801
Plan F : Cut below 24669
FKLI
Market continued its remarkable rebound with market closing above buying signal after touching an intraday low of 1657 just the day before. Sellers shall not be too bearish with the market as long as market holds firm above 1705.
Plan A : Attempt buying if market stays firm above 1710
Plan B : Cut below 1705
Plan C : Consider intraday sell only if market touch 1735 and retrace
Plan D : Cut above 1739
FCPO
FCPO rebounded to its high of 2209 on Friday after a dip from the peak of 2285. Dalian and soybean oil are slightly down today while RM remains at RM 3.79 against the US Dollar. Market might continue with the downtrend if it could not support above 2150. If not, it could be another round of consolidation for today.
Plan A : Overnight seller hold on to position. Resistance is 2200. Target is 2157, 2217, 2084 and 2056.
Plan B : Intraday investor or fresh seller may sell if market could rebound and resist at 2183 or 2194. Target is 2157, 2150 and 2141.
Plan C : Buyer may stay out today.
Plan D : Above 2190, do nothing.
Plan E : 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 broadly higher on Friday, with major indexes ending up more than 1 percent on hopes Greece would be able to secure fresh funding at an upcoming meeting, which would allow it to avert bankruptcy and remain in the euro zone.
Hong Kong stocks surged for the second day on Friday to trim losses for the week, tracking the turnaround in China's markets after Beijing unleashed a series of support measures staunch losses after a worryingly steep decline.
Plan A : Above 25022, do nothing
Plan B : Below 24477, do nothing
Plan C : Consider selling if market fails to break above 25022 and retrace
Plan D : Cut above 25022
Plan E : Attempt buying if market holds firm above 24801
Plan F : Cut below 24669
FKLI
Market continued its remarkable rebound with market closing above buying signal after touching an intraday low of 1657 just the day before. Sellers shall not be too bearish with the market as long as market holds firm above 1705.
Plan A : Attempt buying if market stays firm above 1710
Plan B : Cut below 1705
Plan C : Consider intraday sell only if market touch 1735 and retrace
Plan D : Cut above 1739
FCPO
FCPO rebounded to its high of 2209 on Friday after a dip from the peak of 2285. Dalian and soybean oil are slightly down today while RM remains at RM 3.79 against the US Dollar. Market might continue with the downtrend if it could not support above 2150. If not, it could be another round of consolidation for today.
Plan A : Overnight seller hold on to position. Resistance is 2200. Target is 2157, 2217, 2084 and 2056.
Plan B : Intraday investor or fresh seller may sell if market could rebound and resist at 2183 or 2194. Target is 2157, 2150 and 2141.
Plan C : Buyer may stay out today.
Plan D : Above 2190, do nothing.
Plan E : 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.
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