17 November 2015

HSI Futures

Wall Street had its strongest session in three weeks on Monday, with sizeable gains in energy shares as investors bet Friday's deadly attacks in Paris would have little long-term impact on the U.S. economy and corporate earnings.

Hong Kong stocks dropped on Monday, tracking most regional markets, as Friday's deadly attacks in Paris dampened investors' risk globally. 

Plan A : Above 22265, do nothing
Plan B : Below 21994, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 22265 and retrace
Plan D : Cut above 22278
Plan E : Consider buying if market were to hold firm above 22190
Plan F : Cut below 22094


FKLI

Market could have found its temporary support around the 1630s level after testing and rebounding from there for the past 3 trading days. Strong performance from overnight Dow would likely bring cheers to the market today with a higher opening. Investors however, are to be reminded not to be over bullish just yet if market were to stays below 1665.

Plan A : Consider buying if market stays firm above 1655.5
Plan B : Cut below 1649.5
Plan C : Attempt selling if market surges but fails to trade firmly above 1665
Plan D : Cut above 1669


FCPO

FCPO was experiencing switch month chaos on Monday but it eventually came intact with a sell trend following last Friday footstep. Dalian and soybean oil are slightly positive this morning while Ringgit strengthen to RM4.37 against the greenback.

Plan A : Overnight seller may hold on to position. Resistance is 2325. Targets are 2260, 2245 and 2156.
Plan B : Sell if market could rebound and resist at 2315. Target are 2260 and 2245.
Plan C : Buyer may stay out unless market started to flat out and stay above 2305. Target are 2325 and 2351.
Plan D : Above 2350, do nothing.
Plan E : Below 2260, 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.