30 October 2015

HSI Futures

U.S. stocks ended slightly lower on Thursday as the market digested disappointing tech earnings reports and the potential for an interest rate hike in December.

Hong Kong shares finished down on Thursday as Chinese investors await the announcement of the economic growth target for the next five years.

Plan A : Above 23096, do nothing
Plan B : Below 22736, do nothing
Plan C : Attempt selling if market rebounds but stays below 22895
Plan D : Cut above 22997
Plan E : Consider buying if market stays firm above 22736 and triggers a buy
Plan F : Cut below 22736


FKLI

Market broke below several support levels yesterday in a day where Ringgit kept weakening against greenback. November contract must holds firm above 1652 today if it were to avoid being sell down even further. Failure for cash market to hold above 1653 could pressure the market down even lower as panic selling could kick in.

November month contract:
Plan A : Consider selling if market rebounds but fails to breach above 1665
Plan B : Cut above 1670
Plan C : Attempt intraday buy if market managed to hold firm above 1652 and rebounds
Plan D : Cut below 1652


FCPO

FCPO opened higher on Thursday, corrected and resume with the uptrend. Dalian and soybean oil are quite mixed while Ringgit further weakened to RM4.31 against the greenback.

Plan A : Short term seller may sell if market resisted at 2378 or 2386. Targets are 2334 and 2316. 
Plan B : Intraday investor may buy if market could retrace and support above 2344 or 2351. Targets are 2379, 2386 and 2430.
Plan C : Above 2400, do nothing.
Plan D : Below 2340, 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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29 October 2015

HSI Futures

U.S. stocks ended sharply higher on Wednesday after a volatile session as the Federal Reserve gave a vote of confidence in the U.S. economy by signaling a December interest rate hike was still on the table.

Hong Kong shares fell on Wednesday, following mainland China shares lower after a bout of late afternoon profit taking.

Nov contract:
Plan A : Above 23150, do nothing
Plan B : Below 22886, do nothing
Plan C : Attempt buying if market holds firm above 23038
Plan D : Cut below 22979
Plan E : Consider intraday sell if market gaps up but fails to break above 23150
Plan F : Cut above 23202


FKLI

Market as expected, further consolidated despite some signs of weakness. Sellers were warned not to be over bearish as market look likely to rebound today after a strong gain from overnight Dow. Weak RM could cap any strong gains from FKLI today but eager sellers will be better off wait for a higher level to sell rather than jumping into the market carelessly. 

Plan A : Attempt buying if market holds firm above 1694
Plan B : Cut below 1687
Plan C : Consider selling if market surges but fails to break above 1706
Plan D : Cut above 1713


FCPO

FCPO was quiet on Wednesday after a quick correction to 2299 in the morning. It only started to move at later session to high of 2343. Dalian and soybean oil are on slight upside while Ringgit weakened to RM 4.29 against the US Dollar.

Plan A : Intraday investor may buy if market could support above 2343. Target is 2371.
Plan B : Seller may sell if market could rebound and resist at 2371. Targets are 2330, 2312 and 2295.
Plan C : Above 2370, do nothing.
Plan D : Below 2290, 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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28 October 2015

HSI Futures

U.S. stocks slipped on Tuesday on uncertainty over the U.S. rate outlook and disappointing results from Ford and other companies. The Federal Reserve began its two-day policy meeting on Tuesday. While expectations for a rate hike this week are slim, investors are looking for clues in its policy statement on Wednesday as to when the Fed will begin to raise interest rates.

Hong Kong's benchmark Hang Seng index ended slightly higher on Tuesday, clawing back morning losses in line with moves in mainland China markets.

Plan A : Above 23175, do nothing
Plan B : Below 22868, do nothing
Plan C : Attempt selling if market stays below 23060
Plan D : Cut above 23175
Plan E : Consider buying if market retrace and rebounds from 22868
Plan F : Cut below 22868


FKLI

Market continued to be in a tricky mode yesterday, touching an intraday low of 1692 before rebounding again to settle at 1701 for the day. Weak RM might dominate the story of the trade today but investors are advised not to be too bearish as buyers were seen supporting the market, possibly in anticipation of ValueCap involvement in the market as soon as next month. 

Plan A : Consider buying as long as market stays firm above 1694
Plan B : Cut below 1689
Plan C : Attempt selling if market remain trading below 1701
Plan D : Cut above 1706


FCPO

FCPO gap-down on Tuesday morning and it slowly moved upwards throughout the day 'till the closing bell. Dalian and soybean oil are weak this morning while Ringgit weakened to RM4.279 against the greenback.  

Plan A : Intraday investor may sell if market could rebound and resist at 2331 or 2344. Targets are looking at 2295, 2283 and 2235.
Plan B : Buyer may buy if market supported above 2307. Targets are 2331, 2344 and 2371.
Plan C : Above 2340, do nothing.
Plan D : Below 2280, 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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27 October 2015

HSI Futures

The Dow and the S&P 500 edged lower on Monday as energy shares dropped with oil prices and Apple retreated a day before its quarterly results. Investors were cautious ahead of the Federal Reserve's two-day policy meeting, which begins on Tuesday. The market is looking for clues on the outlook for when the Fed may begin raising interest rates.

Hong Kong shares finished down on Monday after China's central bank cut interest rates and bank reserve ratios Friday evening.

Plan A : Above 23175, do nothing
Plan B : Below 22868, do nothing
Plan C : Attempt selling if market stays below 23103
Plan D : Cut above 23175
Plan E : Consider buying if market retrace and rebounds from 22868
Plan F : Cut below 22868


FKLI

Market going through some tricky trading as it hovers between 1701-1710 level. Market is expected to consolidate further until there is a clear breakout from current range. Failure to hold above 1700 might lure sellers into the market. 

Plan A : Attempt sell if market trades below 1700
Plan B : Cut above 1709
Plan C : Hold long if market were to hold firm above 1713
Plan D : Cut below 1707


FCPO

FCPO finally trailed down the path after strong gap-down two days ago. Dalian and soybean oil are down while Ringgit marked RM4.26 against the greenback. Market is on its way for correction after the rally, therefore, seller might want to take the chance.

Plan A : Overnight seller hold on to position. Resistance is looking at 2301. Targets are 2235 and 2158.
Plan B : Intraday investor may sell if market could rebound and resist at 2272 or 2279. Targets are 2235 and 2216.
Plan C : Buyer may stay out unless market support above 2272. 
Plan D : Above 2280, do nothing.
Plan E : Below 2230, 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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26 October 2015

HSI Futures

A tech share rally drove U.S. stocks up sharply for a second day on Friday as earnings from companies including Microsoft beat analysts' expectations, while healthcare shares rebounded from recent losses.

Hong Kong shares jumped more than 1 percent on Friday, after China's President Xi Jinping said the economy will not suffer a hard landing. The People's Bank of China (PBOC) lowered its benchmark interest rates by 25 basis points, alongside a half percentage cut in the reserve requirement ratio (RRR), to jump start a slowing economy. This would likely spur Asian markets today.

Holding long
Plan A : 23053-23526, do nothing
Plan B : Below 23053, liquidate position
Plan C : Consider taking profits if market gaps up above 23526
Plan D : Selling to be attempted only if market stays below 23053
Plan E : Cut above 23180


FKLI

Market continued showing its signs of bullishness last Friday with market holding above 1710. A convincing break out above 1733 would be important for the market to confirm a rally in the making. 

Holding long
Plan A : 1706-1733, do nothing
Plan B : Below 1706, liquidate position
Plan C : Consider taking profits if market surges but fails to break above 1733
Plan D : Intraday selling can be considered if market trades higher but fails to break above 1733
Plan E : Cut above 1738


FCPO
FCPO flattened last Friday after the morning gap down. Dalian and overnight soybean oil are quite weak this morning while Ringgit nailed down to RM4.26 against the greenback. Market may gap down in the morning due to the weak region. 

Plan A : Overnight seller may hold on to position. Resistance is looking at 2339. Targets are 2272 and 2158.
Plan B : Intraday investor may sell if market could rebound and resist at 2328. Targets are 2301 and 2272.
Plan C : Buyer may stay out unless market again consolidate. Watch for while before you enter.
Plan D : Above 2340, do nothing.
Plan E : Below 2300, 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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23 October 2015

HSI Futures

The S&P 500 closed at its highest in two months on Thursday as stronger-than-expected earnings from several top companies, including McDonald's, relieved investors' concerns about the profit outlook.

Hong Kong stocks, which resumed trading on Thursday after a public holiday, ended the session lower, taking cues from a weak New York market and uninspired by a rebound in mainland markets.

Holding long
Plan A : 22810-23200, do nothing
Plan B : Cut below 22810
Plan C : Consider taking profits if market breach but fails to hold firm above 23200
Plan D : Consider intraday selling if market test 23200 and retrace
Plan E : Cut above 23240


FKLI

Market triggered a sell signal yesterday afternoon, luring many sellers into market ahead of today's Budget Day announcement. However, a strong 320-points gain from overnight Dow is expected to catch many people by surprise and a gap up in the market is to be expected. Sellers will be left with no choice but to liquidate their position if market were to breach and holds firm above 1716 today.

Plan A : Attempt buying if market surge and holds firm above 1716
Plan B : Cut below 1706
Plan C : Selling to be considered if market surges but fails to break above 1730
Plan D : Cut above 1738


FCPO
FCPO consolidated yesterday with minimal trading range and strong selling pressure at 2370's to 2380's level. Dalian and soybean oil are showing weakness while RM is strengthening within RM4.19 to RM4.24. This might be a good sign for seller.

Plan A : Overnight seller hold on to position. Resistance is looking at 2352. Targets are looking at 2301,2272 and 2158.  
Plan B : Intraday investor may sell if market could rebound and resist at 2346. Targets are 2329, 2301 and 2272.
Plan C : Buyer may stay out.
Plan D : Above 2350, do nothing.
Plan E : Below 2300, 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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22 October 2015

HSI Futures

U.S. stocks fell on Wednesday as a sharp drop in Valeant Pharmaceuticals hit the healthcare space, while the energy sector dropped along with oil prices.

China's benchmark indexes slumped roughly 3 percent on Wednesday in their worst daily performance in five weeks as a correction in small-caps deepened through the day, triggering an afternoon sell-off in the broader market.

Plan A : Above 23018, do nothing
Plan B : Below 22855, do nothing
Plan C : Attempt selling if market fails to break above 23018 and triggers a sell signal
Plan D : Cut above 23018
Plan E : Consider buying if market holds firm above 22968
Plan F : Cut below 22855


FKLI

Market made a remarkable recovery, rebounded from a low of 1681 before settling at day's high level of 1708 yesterday despite the weakening of RM. This could largely due to the Budget Day announcement tomorrow. Although market could potentially open lower today following cue from regional markets but sellers should not get over bearish especially if market holds firm above 1699 level.

Plan A : Consider buying if market holds firm above 1699
Plan B : Cut below 1694
Plan C : Selling to be attempted if market stays below 1699
Plan D : Cut above 1708


FCPO

FCPO stagnant on Wednesday squeezing its way up with slow commotion. Dalian and soybean oil are up today while Ringgit stays at RM4.28 against the greenback. 

Plan A : Seller may sell if market resisted at 2379. Target is 2355 and 2324. 
Plan B : Intraday investor may buy if market could retrace and stay above 2355. Target is 2380 and 2403.
Plan C : Above 2380, do nothing.
Plan D : Below 2350, 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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21 October 2015

FKLI

U.S. stocks ended slightly lower on Tuesday as a decline in healthcare and biotech stocks offset gains in United Technologies and Verizon. Hong Kong markets will be closed today for Chung Yeung Day celebration. 

FKLI tumbled in the afternoon session yesterday as Ringgit continue weakening against green back. Market could potentially triggers a new trend down from here if it fails to regain its footing above 1702 today. Failure to hold above 1686 would add pressure onto the market and send the market lower.

Plan A : Overnight sellers just hold on to position. Resistance seen at 1702
Plan B : Intraday sellers can consider selling if market rebounds but fails to break above 1697
Plan C : Cut above 1702
Plan D : No buying to be attempted for the time being
Plan E : Immediate supports seen at 1686/1673


FCPO

FCPO supported its way up with slow commotion until a surge towards the end of the day. Dalian and soybean oil are trading positively while Ringgit further weakened to RM4.28 against US Dollar. Market is bias to an upside due to the weak Ringgit, however, up-channel might be quite limited unless resistances are breached with great surge across 2400 again. 

Plan A : Sell if market could not breach 2368. Targets are 2339 and 2320. 
Plan B : Wait for correction for a buy. Buy if price supported above 2339. Targets are 2368 and 2380.
Plan C : Above 2350, do nothing.
Plan D : Below 2330, 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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20 October 2015

HSI Futures

Advances in top tech and biotech names helped U.S. stocks to end with slight gains on Monday, while caution at the start of a heavy week of earnings kept a lid on the market.

Hong Kong stocks were little changed on Monday, reflecting investor composure in the face of weak, but better-than-expected China third-quarter GDP data that offered few signs of a hard landing.

Plan A : Above 23146, do nothing
Plan B : Below 22958, do nothing
Plan C : Attempt buying if market holds firm above 23010
Plan D : Cut below 22958
Plan E : Consider selling if market gaps up but fails to break above 23146
Plan F : Cut above 23230


FKLI

Another consolidation day was seen yesterday with market hovering around the level of 1711.5-1718 throughout yesterday's afternoon session after touching an intraday high of 1728.5. Market could be taking a breather after recent rally with investors staying cautious ahead of the Budget Day announcement this Friday.

Plan A : Consider intraday sell if market stays trading below 1715
Plan B : Cut above 1720
Plan C : Attempt buying if market were to corrects but holds firmly above 1694.5
Plan D : Cut below 1690


FCPO

FCPO flattened in the morning and it gradually inched down towards the second session on Monday. Dalian and overnight soybean oil are showing some weakness while Ringgit further slumped to RM4.25 against the greenback. Market likely to gap down during opening, therefore, intraday investor may avoid selling too low. 

Plan A : Overnight seller hold on to position. Resistance is looking at 2304. Targets are 2189 and 2111.
Plan B : Intraday investor may sell if market resist at 2277. Targets are 2257, 2240 and 2216.
Plan C : If market gap down lower than 2250, wait and watch before reacting. There will be new resistances.
Plan D : Buyer stay out of market.
Plan E : Above 2290, do nothing.
Plan F : Below 2240, 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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19 October 2015

HSI Futures

U.S. stocks ended higher on Friday, notching a third week of gains, lifted by a jump in General Electric shares and upbeat consumer sentiment data.

Hong Kong shares rose to a two-month high on Friday, on hopes for more stimulus moves by Beijing and rising expectations that the United States won't raise interest rates this year. Attention will all turn to a strings of data from China later at 10 am. 

Plan A : Above 23216, do nothing
Plan B : Below 23008, do nothing
Plan C : Consider selling if market fails to break above 23216
Plan D : Cut above  23240
Plan E : Attempt buying if market holds firm above 23008
Plan F : Cut below 22950


FKLI

Market continued its consolidation stage last Friday with market staying below 1716 for most of the time. Market would at least need to stay firm above 1694.5 if it were to avoid any selling pressure flowing into the market. Failure to regain footings above 1714 could spell disasters to the late buyers

Plan A : Consider intraday sell if market stays below 1714
Plan B : Cut above 1718
Plan C : Attempt buying if market corrects but holds firm above 1694.5
Plan D : Cut below 1690


FCPO

FCPO was quite strong in the morning until selling pressure came in during the second session on last Friday. Dalian and soybean oil are mixed today while Ringgit further weakened to RM4.21 against the greenback.

Plan A : Overnight seller hold on to position. Resistance is looking at 2325. Targets are 2277 and 2257.
Plan B : Intraday investor may sell if market rebounded and resisted near 2325. Targets are 2298, 2277 and 2257.
Plan C : Buy if market support above 2298. Targets are 2325 and 2368. Intraday only.
Plan D : Above 2330, do nothing.
Plan E : Below 2290, 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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16 October 2015

HSI Futures

A tame inflation reading and strong earnings from Citigroup led investors to pile back into stocks on Thursday, pushing Wall Street to its best level in eight weeks.

Hong Kong stocks jumped 2 percent to near two-month highs on Thursday, lifted by bullishness in mainland markets and increased expectations that Beijing will make fresh stimulus moves.

Plan A : Above 23053, do nothing
Plan B : Below 22580, do nothing
Plan C : Consider selling if market surges but fails to break above 23053
Plan D : Cut above 23080
Plan E : Attempt buying if market corrects but holds firm above 22775
Plan F : Cut below 22650


FKLI

Market tumbled towards the final hour of trading yesterday but still managed to close unchanged for the day. Market is expected to continue its up surge today after a triple digits gain in the overnight Dow. Buying interest should reignite again once FKLI stays firm above 1714.5

Plan A : Attempt buying if market breach and hold firm above 1714.5
Plan B : Cut below 1709
Plan C : Consider intraday sell only if market test 1730-level and retrace
Plan D : Cut above 1730


FCPO

FCPO had choppy run on Thursday with inter-session break gaps. Dalian and overnight soybean oil are trading weak while Ringgit stays at RM4.14 against the US Dollar. Today is switch month, therefore, investor may take note. 

Plan A : Overnight seller may hold on to position. Resistance is 2320. Targets are 2225 and 2106.
Plan B : Intraday investor may sell if market could resist at 2312. Targets are 2290, 2275, 2255 and 2225.
Plan C : Buyer may stay out.
Plan D : Above 2320, do nothing.
Plan E : Below 2270, 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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15 October 2015

HSI Futures

U.S. stocks fell on Wednesday as Wal-Mart Stores Inc skidded after issuing a weak profit forecast and as JPMorgan Chase & Co slipped on disappointing results.

Hong Kong stocks fell on Wednesday, tracking global markets, as a two-week rebound that lifted the benchmark Hang Seng Index by 10 percent showed signs of sputtering out.

Plan A : Above 22600, do nothing
Plan B : Below 22410, do nothing
Plan C : Attempt buying if market stays firm above 22515
Plan D : Cut below 22410
Plan E : Consider selling if market fails to break above 22600 and triggers a sell
Plan F : Cut above 22700


FKLI

Market continued to remain firm before going into holiday last Tuesday. Market could be tricky today if market fails to break above 1717 anytime soon. Failure to break above 1717 would form a churning top for the market and could entice sellers to come into market. 

Plan A : Consider selling if market fails to hold above 1706
Plan B : Cut above 1715
Plan C : Attempt buying if market retrace but holds firm above 1698
Plan D : Cut below 1694


FCPO

FCPO rebounded vigorously on Tuesday after 4 consecutive days of market correction. Dalian and soybean oil are quite mixed this morning while Ringgit strengthening at RM4.10 against the greenback. Overview of the market is still a sell unless market start to form support above 2300. Therefore, subscriber stay tune for the update.

Plan A : Short-term seller or intraday investor may sell if market resist at 2335. Targets are 2294 and 2275.
Plan B : Intraday investor may buy if market could support above 2294. Target is 2368.
Plan C : Above 2370, do nothing.
Plan D : Below 2270, 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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13 October 2015

HSI Futures

Gains in utilities offset a retreat in energy shares on Monday, leaving U.S. stocks slightly higher as investors remained nervous about third-quarter corporate results.

Chinese investors jumped back into stocks on Monday in heavy volume trade that pushed prices to seven-week highs, boosted by hopes for more economic stimulus after the central bank expanded a scheme that increases banks' ability to lend.

Plan A : Above 22801, do nothing
Plan B : Below 22530, do nothing
Plan C : Attempt buying if market stays firm above 22635
Plan D : Cut below 22547
Plan E : Consider selling if market fails to break above 22750 and triggers a sell
Plan F : Cut above 22750


FKLI

Market successfully hold and closed firm above 1700 yesterday after some intraday profit taking activities. FKLI potentially going to consolidate further today but a firm close above 1705 would be enough to reaffirm market resilience ahead of tomorrow's Awal Muharram holiday. 

Plan A : Attempt buying if market holds firm above 1705
Plan B : Cut below 1694
Plan C : Consider selling if market test 1730-level and retrace
Plan D : Cut above 1730

FCPO

FCPO went through some lackluster trading yesterday despite gaining 40-points from the previous close. With a mix in indicators today, market look likely to further consolidate unless it breaks away from the range of 2232 and 2292. Otherwise, market might just be ranging within these levels. 

Plan A : Attempt selling if market surges but fails to break above 2282
Plan B : Cut above 2292
Plan C : Consider buying if market holds firm above 2249
Plan D : Cut below 2234



 
*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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12 October 2015

HSI Futures

U.S. stocks closed slightly higher on Friday, ending the S&P 500's best week for 2015 on a quiet note as investors waited for U.S. companies to report third-quarter earnings.

Hong Kong stocks rose on Friday, capping their biggest weekly gain in six months on improving risk appetite globally as minutes from Federal Reserve's latest meeting further eroded expectations of a near-term U.S. rate hike. Japan markets are closed today for Health and Sports Day holiday.

Plan A : Above 22682, do nothing
Plan B : Below 22233, do nothing
Plan C : Attempt selling if market stays below 22445
Plan D : Cut above 22563
Plan E : Consider buying if market holds above 22339 and triggers a buy
Plan F : Cut below 22339


FKLI

Market continued its up surge despite some intraday profit taking last Friday. A big recovery in RM enticed investors to rush into market to buy beaten down shares. Market will have to weather through any profit taking activities and stays firm above 1694 level if it were to target next resistance of 1730 anytime soon. 

Plan A : Attempt buying if market stays firm above 1694
Plan B : Cut below 1689
Plan C : Consider intraday sell if market test 1730 but fails to breach through
Plan D : Cut above 1730


FCPO

FCPO closed near day's low level last Friday in a day where market moved within a tight trading range with heavy volume traded. A weakened Ringgit coupled with strong bean and Dalian is expected to spur the beaten down market to open higher today. However, investors are to be reminded that market is still on a downtrend after all. This technical rebound could present an opportunity for investors to initiate some fresh selling position if resistance were not breached. 

Plan A : Intraday buyers can attempt long if market were to open and hold firm above 2234
Plan B : Cut below 2215
Plan C : Enthusiastic sellers can wait for market to rebound near 2282-level to initiate a sell
Plan D : Cut above 2304 


 
*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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