1 December 2015

HSI Futures

U.S. stocks slipped on Monday, led by declines in health and consumer shares, as investors braced for policy news from central banks.

Hong Kong stocks dipped on Monday, with investor sentiment soothed after mainland markets ended a volatile session in positive territory. Focus will be on China PMI data due to released this morning.

Plan A : Above 22110, do nothing
Plan B : Below 21885, do nothing
Plan C : Attempt selling if market rebounds but fails to breach above 22033
Plan D : Cut above 22110
Plan E : Consider buying if market holds firm above 21885 and triggers a buy
Plan F : Cut below 21885


FKLI

Market faced selling pressure yesterday and ended the day with a huge 15-points discount gap to cash market. Pending any surprises, market should be able to narrow its gap today with regional market positive despite overnight losses in Dow. FKLI must at least hold positive today if it were to distance itself from further pressure.

Plan A : Buy if market holds firm above 1656.5
Plan B : Cut below 1651
Plan C : Attempt selling if market rebounds but stays below 1669.5
Plan D : Cut above 1674


FCPO

FCPO gap-down in the morning due to weak Dalian on Monday followed by a rebound, however, unsustainable. Dalian and soybean oil have great start while Ringgit stays at RM4.24 against the greenback. Market likely to gap-up at opening, investor may wait and see before jumping in.

Plan A : Buy if market flat out and support above 2346. Targets are 2374 and 2384.
Plan B : Sell if market rebounded and resisted at 2374 or 2384. Targets are 2352, 2346 and 2336.
Plan C : Above 2384, no fresh position.
Plan D : Below 2346, no fresh position.  


*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.