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.