HSI Futures
Wall Street climbed on Thursday as a blockbuster quarterly report from Facebook drove tech shares higher and a bounce in oil prices propped up the beleaguered energy sector.
Hong Kong shares were firm on Thursday despite renewed panic selling on the mainland.
Plan A : Above 19328, do nothing
Plan B : Below 18944, do nothing
Plan C : Attempt buying if market holds firm above 19136
Plan D : Cut below 19050
Plan E : Consider intraday selling if market gaps up but fails to break above 19328
Plan F : Cut above 19328
FKLI
Market performed relatively well yesterday despite closing off its intraday high of 1641. Although there were some selling along the way, market managed to hold firm and closed positive. There might be more pressure today with another listless trading for last day of the month. However, a stronger Ringgit could cushioned any fall today.
Plan A : Attempt buying if market holds firm above 1628
Plan B : Cut below 1623
Plan C : Consider intraday sell if market surges but fails to break above 1644
Plan D : Cut above 1648
FCPO
FCPO could not sustain above 2512, it then slumped to 2469 with settlement at 2481. Dalian and soybean oil are slightly mixed this morning while Ringgit strengthen tremendously from the past few days vs U.S. Dollar, price marks around RM4.15 to RM4.17. Due to RM, the upside of FCPO may be limited.
Plan A : Sell if market rebounded and resisted around 2494. Targets are 2477, 2460, 2455 and 2442.
Plan B : Buy only if market stabilized and supported above 2477. Targets are 2518, 2535, 2547 and 2566.
Plan C : Above 2518, no fresh position.
Plan D : Below 2460, 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.
Thursday, January 28, 2016
Wednesday, January 27, 2016
28 January 2016
HSI Futures
Wall Street dropped sharply on Wednesday after the U.S. Federal Reserve frustrated stock investors hoping for a strong sign it might scale back future interest rate hikes because of recent financial and economic turmoil.
Hong Kong shares finished higher on Wednesday, bucking sliding onshore markets as bargain hunters sought attractively-priced shares.
Plan A : Above 19275, do nothing
Plan B : Below 18902, do nothing
Plan C : Attempt buying if market stays firm above 19017
Plan D : Cut below 18902
Plan E : Consider selling only if market fails to break above 19275 and retrace
Plan F : Cut above 19300
FKLI
Market look set for a lower opening today after overnight Dow lost 222-points. Market must not fall below 1622 today if it were to avoid being sell down. Failure to hold above 1622 will see market resume its downtrend once again.
Plan A : Attempt selling if market stays below 1630
Plan B : Cut above 1637
Plan C : Consider buying only if market holds resiliently above 1622
Plan D : Cut below 1618
FCPO
FCPO finally breakthrough the resistances and resume with the upwards formation. Dalian and soybean oil are slightly positive while Ringgit stays strong at RM4.24 against the greenback. Subscribe to us on the live trade signal. Ask us how at futures.coin@gmail.com
Plan A : Buy if market retraced and supported above 2486. Targets are 2535, 2566 and 2598.
Plan B : Sell if market rebound and resisted around 2566. Targets are 2538 and 2545.
Plan C : Below 2486, 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.
Wall Street dropped sharply on Wednesday after the U.S. Federal Reserve frustrated stock investors hoping for a strong sign it might scale back future interest rate hikes because of recent financial and economic turmoil.
Hong Kong shares finished higher on Wednesday, bucking sliding onshore markets as bargain hunters sought attractively-priced shares.
Plan A : Above 19275, do nothing
Plan B : Below 18902, do nothing
Plan C : Attempt buying if market stays firm above 19017
Plan D : Cut below 18902
Plan E : Consider selling only if market fails to break above 19275 and retrace
Plan F : Cut above 19300
FKLI
Market look set for a lower opening today after overnight Dow lost 222-points. Market must not fall below 1622 today if it were to avoid being sell down. Failure to hold above 1622 will see market resume its downtrend once again.
Plan A : Attempt selling if market stays below 1630
Plan B : Cut above 1637
Plan C : Consider buying only if market holds resiliently above 1622
Plan D : Cut below 1618
FCPO
FCPO finally breakthrough the resistances and resume with the upwards formation. Dalian and soybean oil are slightly positive while Ringgit stays strong at RM4.24 against the greenback. Subscribe to us on the live trade signal. Ask us how at futures.coin@gmail.com
Plan A : Buy if market retraced and supported above 2486. Targets are 2535, 2566 and 2598.
Plan B : Sell if market rebound and resisted around 2566. Targets are 2538 and 2545.
Plan C : Below 2486, 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.
Tuesday, January 26, 2016
27 January 2016
HSI Futures
Wall Street rebounded over 1 percent on Tuesday, driven by a surge in oil prices and strong quarterly results from 3M, Johnson & Johnson and Procter & Gamble.
Hong Kong shares tumbled more than 2 percent on Tuesday, dragged lower by resumed slides in global equity markets and oil prices.
Plan A : Above 19095, do nothing
Plan B : Below 18799, do nothing
Plan C : Attempt selling if market stays below 18902
Plan D : Cut above 19017
Plan E : Consider intraday buying only if market holds firm above 18799 and triggers a buy
Plan F : Cut below 18799
FKLI
Market bucked the trend yesterday and closed positive instead. News of Malaysia PM being cleared of fraud in RM 2.6 billion donation helped stabilized the market and stayed resilient throughout the afternoon session despite Asian markets sell-off. Market is expected to open higher today after overnight Dow gained more than 1 percent while RM too, strengthened to 4.263 against the green back.
Plan A : Attempt buying around 1628 if market opens little changed
Plan B : Cut below 1623
Plan C : Selling to be considered only if market surges but fails to break above 1648
Plan D : Cut above 1652
FCPO
FCPO formed an upwards channel on Tuesday, pushing the market to the tip at 2479. Dalian and overnight soybean oil are rather strong while Ringgit strengthen to RM4.26 vs U.S. Dollar.
Plan A : Sell if market gap-up at opening or resisted around 2495. Targets are 2475, 2466 and 2455.
Plan B : Buy if market could support above 2466 or 2455. Targets are 2495, 2508 and 2535.
Plan C : Above 2495, no fresh position.
Plan D : Below 2455, 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.
Wall Street rebounded over 1 percent on Tuesday, driven by a surge in oil prices and strong quarterly results from 3M, Johnson & Johnson and Procter & Gamble.
Hong Kong shares tumbled more than 2 percent on Tuesday, dragged lower by resumed slides in global equity markets and oil prices.
Plan A : Above 19095, do nothing
Plan B : Below 18799, do nothing
Plan C : Attempt selling if market stays below 18902
Plan D : Cut above 19017
Plan E : Consider intraday buying only if market holds firm above 18799 and triggers a buy
Plan F : Cut below 18799
FKLI
Market bucked the trend yesterday and closed positive instead. News of Malaysia PM being cleared of fraud in RM 2.6 billion donation helped stabilized the market and stayed resilient throughout the afternoon session despite Asian markets sell-off. Market is expected to open higher today after overnight Dow gained more than 1 percent while RM too, strengthened to 4.263 against the green back.
Plan A : Attempt buying around 1628 if market opens little changed
Plan B : Cut below 1623
Plan C : Selling to be considered only if market surges but fails to break above 1648
Plan D : Cut above 1652
FCPO
FCPO formed an upwards channel on Tuesday, pushing the market to the tip at 2479. Dalian and overnight soybean oil are rather strong while Ringgit strengthen to RM4.26 vs U.S. Dollar.
Plan A : Sell if market gap-up at opening or resisted around 2495. Targets are 2475, 2466 and 2455.
Plan B : Buy if market could support above 2466 or 2455. Targets are 2495, 2508 and 2535.
Plan C : Above 2495, no fresh position.
Plan D : Below 2455, 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.
Monday, January 25, 2016
26 January 2016
HSI Futures
Wall Street sold off on Monday, pulled lower by further weakness in oil prices as energy shares led declines, with major indexes retreating after last week's strong gains.
Hong Kong stocks climbed on Monday, led by energy plays, as investors took cues from recovering oil prices and rebounding global equity markets.
Plan A : Above 19385, do nothing
Plan B : Below 19017, do nothing
Plan C : Attempt selling if market trades below 19132
Plan D : Cut above 19213
Plan E : Consider intraday buy if market holds firm above 19017 and triggers a buy
Plan F : Cut below 19017
FKLI
Market resumes trading today after weekend Thaipusam celebration. it will be important for market to at least hold above 1623 today in order to continue its buying momentum. Otherwise, market could retrace from here once again.
Plan A : Attempt selling if market fails to stay firm above 1623
Plan B : Cut above 1628
Plan C : Consider intraday buying if market retraced and rebound from 1612
Plan D : Cut below 1608
FCPO
FCPO flattened over last Friday with some slight upside. Dalian and soybean oil are mixed today while Ringgit stays strong at RM4.28 vs the U.S. Dollar.
Plan A : Sell if market rebounded and resisted around 2466. Targets are 2430 and 2396. Hold overnight if market close below 2430 today.
Plan B : Buy if market retraced and support above 2451 for a while. Targets are 2466 and 2476.
Plan C : Above 2466, no fresh position.
Plan D : Below 2430, 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.
Wall Street sold off on Monday, pulled lower by further weakness in oil prices as energy shares led declines, with major indexes retreating after last week's strong gains.
Hong Kong stocks climbed on Monday, led by energy plays, as investors took cues from recovering oil prices and rebounding global equity markets.
Plan A : Above 19385, do nothing
Plan B : Below 19017, do nothing
Plan C : Attempt selling if market trades below 19132
Plan D : Cut above 19213
Plan E : Consider intraday buy if market holds firm above 19017 and triggers a buy
Plan F : Cut below 19017
FKLI
Market resumes trading today after weekend Thaipusam celebration. it will be important for market to at least hold above 1623 today in order to continue its buying momentum. Otherwise, market could retrace from here once again.
Plan A : Attempt selling if market fails to stay firm above 1623
Plan B : Cut above 1628
Plan C : Consider intraday buying if market retraced and rebound from 1612
Plan D : Cut below 1608
FCPO
FCPO flattened over last Friday with some slight upside. Dalian and soybean oil are mixed today while Ringgit stays strong at RM4.28 vs the U.S. Dollar.
Plan A : Sell if market rebounded and resisted around 2466. Targets are 2430 and 2396. Hold overnight if market close below 2430 today.
Plan B : Buy if market retraced and support above 2451 for a while. Targets are 2466 and 2476.
Plan C : Above 2466, no fresh position.
Plan D : Below 2430, 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.
Thursday, January 21, 2016
22 January 2016
HSI Futures
Wall Street staged a modest rally on Thursday as oil prices recorded their biggest gain this year and ECB President Mario Draghi raised hopes of more stimulus for Europe.
Hong Kong shares finished lower on Thursday after an afternoon sell-off in mainland China markets. The Hang Seng index fell 1.8 percent to 18,542.15 points, while the China Enterprises Index lost 2.2 percent to 7,835.64 points.
Plan A : Above 19007, do nothing
Plan B : Below 18530, do nothing
Plan C : Attempt selling if market gaps up but stays below 18870
Plan D : Cut above 19007
Plan E : Consider intraday buy if market trades firmly above 18685
Plan F : Cut below 18550
FKLI
Market continued its slump yesterday with cash market closing at its day's low level. FKLI however, managed to close almost par to cash market even after touching a new intraday low of 1591.5. Market could rebound a little today but sentiment shall remains weak despite attempts from Bank Negara to stabilize market by reducing its statutory reserve requirement (SRR) ratio from 4.00% to 3.50% effective from Feb 1. Malaysia markets will be close on coming Monday for Thaipusam celebration.
Plan A : Attempt selling if market gaps up but fails to break above 1613
Plan B : Cut above 1620
Plan C : Consider buying if market holds firm above 1606
Plan D : Cut below 1599
FCPO
FCPO finally close the gap from the premium prices over the switch month. Market slumped since Thursday morning 'till 4pm and it slowly supported upwards for the close. Market might experience slight rebound today as Dalian and Soybean oil are slightly positive while Ringgit strengthen to RM4.35 against the greenback.
Plan A : Buy if market supported above 2431. Targets are 2444, 2454 and 2466.
Plan B : Sell if market resisted around 2466. Targets are 2444 and 2454.
Plan C : Above 2466, no fresh position.
Plan D : Below 2431, 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.
Wall Street staged a modest rally on Thursday as oil prices recorded their biggest gain this year and ECB President Mario Draghi raised hopes of more stimulus for Europe.
Hong Kong shares finished lower on Thursday after an afternoon sell-off in mainland China markets. The Hang Seng index fell 1.8 percent to 18,542.15 points, while the China Enterprises Index lost 2.2 percent to 7,835.64 points.
Plan A : Above 19007, do nothing
Plan B : Below 18530, do nothing
Plan C : Attempt selling if market gaps up but stays below 18870
Plan D : Cut above 19007
Plan E : Consider intraday buy if market trades firmly above 18685
Plan F : Cut below 18550
FKLI
Market continued its slump yesterday with cash market closing at its day's low level. FKLI however, managed to close almost par to cash market even after touching a new intraday low of 1591.5. Market could rebound a little today but sentiment shall remains weak despite attempts from Bank Negara to stabilize market by reducing its statutory reserve requirement (SRR) ratio from 4.00% to 3.50% effective from Feb 1. Malaysia markets will be close on coming Monday for Thaipusam celebration.
Plan A : Attempt selling if market gaps up but fails to break above 1613
Plan B : Cut above 1620
Plan C : Consider buying if market holds firm above 1606
Plan D : Cut below 1599
FCPO
FCPO finally close the gap from the premium prices over the switch month. Market slumped since Thursday morning 'till 4pm and it slowly supported upwards for the close. Market might experience slight rebound today as Dalian and Soybean oil are slightly positive while Ringgit strengthen to RM4.35 against the greenback.
Plan A : Buy if market supported above 2431. Targets are 2444, 2454 and 2466.
Plan B : Sell if market resisted around 2466. Targets are 2444 and 2454.
Plan C : Above 2466, no fresh position.
Plan D : Below 2431, 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.
Wednesday, January 20, 2016
21 January 2016
HSI Futures
Wall Street's recent selloff deepened on Wednesday, with the S&P 500 closing at its lowest in over a year as U.S. oil prices plummeted to 2003 lows.
Hong Kong's stock market closed at a 3-1/2-year low on growing concerns a weakening local currency would force the central bank to tighten monetary policy, adding to the economic headwinds already buffeting the city.
Plan A : Above 19142, do nothing
Plan B : Below 18650, do nothing
Plan C : Wait for rebound to sell, possibly around 18900 level
Plan D : Cut above 19000
Plan E : Consider intraday buy if market touch 18650 and rebounds
Plan F : Cut below 18650
FKLI
Market was proven weak as it failed to recover after a gap down opening. Although market look likely to open slightly higher today, moving in tandem with Asian markets, gains is expected to be limited as sentiment remains weak with uncertainties lingering in the market. Wait for levels to sell would be the best available strategy for the time being.
Plan A : Sell if market rebounds and fails to break above 1616
Plan B : Cut above 1620
Plan C : Intraday buying to be considered only if market holds firm above 1608
Plan D : Cut below 1602
FCPO
FCPO showed signs of weakness yesterday despite successfully defended above its support level of 2441. It looks like another day of consolidation today as market is still on a buy signal overall although intraday showing some selling signal. Be prepared for another listless trading day today.
Plan A : Sell if market rebounds but fails to break above 2472
Plan B : Cut above 2478
Plan C : Buy if market corrects further buy supported above 2441
Plan D : Cut below 2435
*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's recent selloff deepened on Wednesday, with the S&P 500 closing at its lowest in over a year as U.S. oil prices plummeted to 2003 lows.
Hong Kong's stock market closed at a 3-1/2-year low on growing concerns a weakening local currency would force the central bank to tighten monetary policy, adding to the economic headwinds already buffeting the city.
Plan A : Above 19142, do nothing
Plan B : Below 18650, do nothing
Plan C : Wait for rebound to sell, possibly around 18900 level
Plan D : Cut above 19000
Plan E : Consider intraday buy if market touch 18650 and rebounds
Plan F : Cut below 18650
FKLI
Market was proven weak as it failed to recover after a gap down opening. Although market look likely to open slightly higher today, moving in tandem with Asian markets, gains is expected to be limited as sentiment remains weak with uncertainties lingering in the market. Wait for levels to sell would be the best available strategy for the time being.
Plan A : Sell if market rebounds and fails to break above 1616
Plan B : Cut above 1620
Plan C : Intraday buying to be considered only if market holds firm above 1608
Plan D : Cut below 1602
FCPO
FCPO showed signs of weakness yesterday despite successfully defended above its support level of 2441. It looks like another day of consolidation today as market is still on a buy signal overall although intraday showing some selling signal. Be prepared for another listless trading day today.
Plan A : Sell if market rebounds but fails to break above 2472
Plan B : Cut above 2478
Plan C : Buy if market corrects further buy supported above 2441
Plan D : Cut below 2435
*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, January 19, 2016
20 January 2016
HSI Futures
Wall Street ended flat on Tuesday as falling oil prices led to more carnage in energy stocks and an "in line" economic report showed slower growth in China.
Hong Kong's Hang Seng index posted its biggest one-day gain in more than two months on Tuesday, aided by a sharp rebound in mainland stocks. In China, the central bank said late on Tuesday that it would inject more than 600 billion yuan to help ease a liquidity squeeze expected before the Lunar New Year holiday in early February.
Plan A : Above 19716, do nothing
Plan B : Below 19429, do nothing
Plan C : Attempt buying if market corrects and hold firm above 19517
Plan D : Cut below 19429
Plan E : Consider intraday sell if market gaps up but fails to break above 19716
Plan F : Cut above 19750
FKLI
Market made a spectacular rebound yesterday, touching an intraday high of 1633 before settling at 1627.5. Market is expected to open slightly lower today after a listless trading in overnight Dow. However, successful close above 1621 for FKLI today will still be alright for the bargain hunters.
Plan A : Attempt buying if market retrace and hold firm above 1617
Plan B : Cut below 1613
Plan C : Consider selling if market surges but fails to break above 1637
Plan D : Cut above 1640
FCPO
FCPO refused to drop on Tuesday then it slowly supported its way up back to the top towards the close. Dalian and soybean are slightly down while Ringgit vs U.S. Dollar stays around RM4.37.
Plan A : Sell if market resisted around 2483. Targets are 2446 and 2461.
Plan B : Buy if market retraced and supported above 2461. Targets are 2483, 2495 and 2506.
Plan C : Above 2483, no fresh position.
Plan D : Below 2461, 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.
Wall Street ended flat on Tuesday as falling oil prices led to more carnage in energy stocks and an "in line" economic report showed slower growth in China.
Hong Kong's Hang Seng index posted its biggest one-day gain in more than two months on Tuesday, aided by a sharp rebound in mainland stocks. In China, the central bank said late on Tuesday that it would inject more than 600 billion yuan to help ease a liquidity squeeze expected before the Lunar New Year holiday in early February.
Plan A : Above 19716, do nothing
Plan B : Below 19429, do nothing
Plan C : Attempt buying if market corrects and hold firm above 19517
Plan D : Cut below 19429
Plan E : Consider intraday sell if market gaps up but fails to break above 19716
Plan F : Cut above 19750
FKLI
Market made a spectacular rebound yesterday, touching an intraday high of 1633 before settling at 1627.5. Market is expected to open slightly lower today after a listless trading in overnight Dow. However, successful close above 1621 for FKLI today will still be alright for the bargain hunters.
Plan A : Attempt buying if market retrace and hold firm above 1617
Plan B : Cut below 1613
Plan C : Consider selling if market surges but fails to break above 1637
Plan D : Cut above 1640
FCPO
FCPO refused to drop on Tuesday then it slowly supported its way up back to the top towards the close. Dalian and soybean are slightly down while Ringgit vs U.S. Dollar stays around RM4.37.
Plan A : Sell if market resisted around 2483. Targets are 2446 and 2461.
Plan B : Buy if market retraced and supported above 2461. Targets are 2483, 2495 and 2506.
Plan C : Above 2483, no fresh position.
Plan D : Below 2461, 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.
Monday, January 18, 2016
19 January 2016
HSI Futures
Euro zone banks weighed on European stocks on Monday after news that the European Central Bank was scrutinizing some non-performing loans, sending a top index back to its lowest point in over a year.
Hong Kong's benchmark index dropped to its lowest level in more than three years on Monday, with investors' risk appetites soured by resumed declines in oil prices plus Friday's tumbles for share prices in the United States and Europe.
Plan A : Above 19399, do nothing
Plan B : Below 19142, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 19399
Plan D : Cut above 19460
Plan E : Consider buying if market holds above 19296 and triggers a buy
Plan F : Cut below 19296
FKLI
FKLI did a remarkable recovery, rebounding from an intraday low of 1597 to close at 1618 for the day. Market should open little changed today with the absence of U.S. market yesterday. Resistance levels at 1621/1628 would be monitored closely today.
Plan A : Attempt selling if market rebounds but fails to break above 1628
Plan B : Cut above 1635
Plan C : Consider intraday long if market holds firm above 1615
Plan D : Cut below 1608
FCPO
FCPO gap-up due to the switch month effect on Monday. Intraday range was quite narrow yesterday and basically there was not much trading opportunity. Dalian and soybean oil are slightly up while Ringgit stays at RM4.39 against the greenback.
Plan A : Sell if market rebounded and resisted around 2485. Targets are 2452 and 2431.
Plan B : Buy if market consolidated and supported above 2452. Targets 2485, 2495 and 2508.
Plan C : Above 2485, no fresh position.
Plan D : Below 2452, 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.
Euro zone banks weighed on European stocks on Monday after news that the European Central Bank was scrutinizing some non-performing loans, sending a top index back to its lowest point in over a year.
Hong Kong's benchmark index dropped to its lowest level in more than three years on Monday, with investors' risk appetites soured by resumed declines in oil prices plus Friday's tumbles for share prices in the United States and Europe.
Plan A : Above 19399, do nothing
Plan B : Below 19142, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 19399
Plan D : Cut above 19460
Plan E : Consider buying if market holds above 19296 and triggers a buy
Plan F : Cut below 19296
FKLI
FKLI did a remarkable recovery, rebounding from an intraday low of 1597 to close at 1618 for the day. Market should open little changed today with the absence of U.S. market yesterday. Resistance levels at 1621/1628 would be monitored closely today.
Plan A : Attempt selling if market rebounds but fails to break above 1628
Plan B : Cut above 1635
Plan C : Consider intraday long if market holds firm above 1615
Plan D : Cut below 1608
FCPO
FCPO gap-up due to the switch month effect on Monday. Intraday range was quite narrow yesterday and basically there was not much trading opportunity. Dalian and soybean oil are slightly up while Ringgit stays at RM4.39 against the greenback.
Plan A : Sell if market rebounded and resisted around 2485. Targets are 2452 and 2431.
Plan B : Buy if market consolidated and supported above 2452. Targets 2485, 2495 and 2508.
Plan C : Above 2485, no fresh position.
Plan D : Below 2452, 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.
Sunday, January 17, 2016
18 January 2016
HSI Futures
Wall Street bled on Friday, with the S&P 500 sinking to its lowest since October 2014 as oil prices sank below $30 per barrel and fears grew about economic trouble in China.
Hong Kong's benchmark stock index closed at its lowest level in nearly 3-1/2 years on Friday, pounded by tumbling mainland stocks and a drop of the Hong Kong dollar against the U.S. dollar.
Plan A : Above 19655, do nothing
Plan B : Below 19288, do nothing
Plan C : Attempt selling if market stays below 19579
Plan D : Cut above 19655
Plan E : Consider intraday long if market holds above 19450 and rebounds
Plan F : Cut below 19288
FKLI
Panic selling can be expected for this morning's opening. Market look likely to open lower with support level at 1608 being challenged. Failure to hold above 1608 would see market heading towards 1595 level next.
Plan A : Wait for rebound to sell, possibly around 1628 level.
Plan B : Cut above 1635
Plan C : No buying to be attempted for the time being
Plan D : Next support seen at 1595
FCPO
FCPO was choppy last Friday with no room for an upside progression. Dalian and soybean oil are mixed this morning while Ringgit vs U.S. Dollar continue to hover around RM4.41 to RM 4.37 over the past one week. Today is the switch month for FCPO, therefore investor might want to take note. Planning will be based on April month.
Plan A : Sell if market gap up above 2470 during opening. Targets are 2456, 2445 and 2440.
Plan B : Buyer may stay out today.
Plan C : Below 2450, no fresh position.
Plan D : Above 2470, no fresh position despite morning opening.
*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 bled on Friday, with the S&P 500 sinking to its lowest since October 2014 as oil prices sank below $30 per barrel and fears grew about economic trouble in China.
Hong Kong's benchmark stock index closed at its lowest level in nearly 3-1/2 years on Friday, pounded by tumbling mainland stocks and a drop of the Hong Kong dollar against the U.S. dollar.
Plan A : Above 19655, do nothing
Plan B : Below 19288, do nothing
Plan C : Attempt selling if market stays below 19579
Plan D : Cut above 19655
Plan E : Consider intraday long if market holds above 19450 and rebounds
Plan F : Cut below 19288
FKLI
Panic selling can be expected for this morning's opening. Market look likely to open lower with support level at 1608 being challenged. Failure to hold above 1608 would see market heading towards 1595 level next.
Plan A : Wait for rebound to sell, possibly around 1628 level.
Plan B : Cut above 1635
Plan C : No buying to be attempted for the time being
Plan D : Next support seen at 1595
FCPO
FCPO was choppy last Friday with no room for an upside progression. Dalian and soybean oil are mixed this morning while Ringgit vs U.S. Dollar continue to hover around RM4.41 to RM 4.37 over the past one week. Today is the switch month for FCPO, therefore investor might want to take note. Planning will be based on April month.
Plan A : Sell if market gap up above 2470 during opening. Targets are 2456, 2445 and 2440.
Plan B : Buyer may stay out today.
Plan C : Below 2450, no fresh position.
Plan D : Above 2470, no fresh position despite morning opening.
*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, January 14, 2016
15 January 2016
HSI Futures
A rally in battered energy shares led U.S. stocks to rebound on Thursday, while financials rose after upbeat results from JP Morgan Chase & Co.
Hong Kong's benchmark index bounced off fresh 2-1/2 lows hit after a Wall Street slide on Thursday, paring losses after a sharp rebound in mainland stocks eased the gloom stemming from a tumble in global stocks.
Plan A : Above 20019, do nothing
Plan B : Below 19647, do nothing
Plan C : Attempt selling if market stays below 19848
Plan D : Cut above 19938
Plan E : Consider buying if market stays firm above 19848
Plan F : Cut below 19758
FKLI
Market as expected headed down south yesterday, touching an intraday low of 1624.5 before settling at 1630. Market could possibly open slightly higher today, taking cue from overnight Dow but gains could be limited as market sentiment has been beaten down. Failure to breach and hold above 1635 would worsen the situation and pressure the market even lower.
Plan A : Attempt selling if market fails to break above 1635
Plan B : Cut above 1640
Plan C : Consider intraday long if market stays resilient above 1628
Plan D : Cut below 1624
FCPO
FCPO rebounded to 2429 yesterday but could not sustain. It eventually slipped back to 2400's level and ended low. Dalian and soybean oil are relatively mixed while Ringgit vs US Dollar hovers around RM4.36 to RM4.40 for recent play.
Plan A : Sell if market rebounded and resisted around 2409 or 2419. Targets are 2398, 2388 and 2372.
Plan B : Buyer may stay out today.
Plan C : Above 2420, no fresh position.
Plan D : Below 2380, 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.
A rally in battered energy shares led U.S. stocks to rebound on Thursday, while financials rose after upbeat results from JP Morgan Chase & Co.
Hong Kong's benchmark index bounced off fresh 2-1/2 lows hit after a Wall Street slide on Thursday, paring losses after a sharp rebound in mainland stocks eased the gloom stemming from a tumble in global stocks.
Plan A : Above 20019, do nothing
Plan B : Below 19647, do nothing
Plan C : Attempt selling if market stays below 19848
Plan D : Cut above 19938
Plan E : Consider buying if market stays firm above 19848
Plan F : Cut below 19758
FKLI
Market as expected headed down south yesterday, touching an intraday low of 1624.5 before settling at 1630. Market could possibly open slightly higher today, taking cue from overnight Dow but gains could be limited as market sentiment has been beaten down. Failure to breach and hold above 1635 would worsen the situation and pressure the market even lower.
Plan A : Attempt selling if market fails to break above 1635
Plan B : Cut above 1640
Plan C : Consider intraday long if market stays resilient above 1628
Plan D : Cut below 1624
FCPO
FCPO rebounded to 2429 yesterday but could not sustain. It eventually slipped back to 2400's level and ended low. Dalian and soybean oil are relatively mixed while Ringgit vs US Dollar hovers around RM4.36 to RM4.40 for recent play.
Plan A : Sell if market rebounded and resisted around 2409 or 2419. Targets are 2398, 2388 and 2372.
Plan B : Buyer may stay out today.
Plan C : Above 2420, no fresh position.
Plan D : Below 2380, 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.
Wednesday, January 13, 2016
14 January 2016
HSI Futures
U.S. stocks sank on Wednesday, pushing the S&P 500 to close below 1,900 for the first time since September as investors grew anxious about weak energy prices, U.S. corporate earnings and the global economy.
Hong Kong stocks ended more than 1 percent higher on Wednesday as the yuan stabilized, but the main indexes pared some gains after China stocks fell sharply in late afternoon trade.
Plan A : Above 20279, do nothing
Plan B : Below 19820, do nothing
Plan C : Attempt buying if market holds firm above 20070
Plan D : Cut below 19960
Plan E : Consider selling if market gaps up but fails to break above 20279
Plan F : Cut above 20279
FKLI
Market successfully defended its support at 1638 before rebounding to close at 1645 yesterday. However, failure to breach and hold firm above 1648 coupled with a heavy drop from overnight Dow, FKLI is expected to open lower today. Selling mode is expected to continue especially if market fails to hold above 1638 today.
Plan A : Attempt selling if market trades below 1642
Plan B : Cut above 1648
Plan C : No buying to be attempted for the time being
Plan D : Next support seen at 1628
FCPO
FCPO made a fierce rally in the afternoon yesterday before settling at near day's high level. Market might opens higher today, moving in tandem with bean and dalian but gains could be limited now as market could go into overbought situation today. Avoid chasing buying too high as signal overall is still a sell
Plan A : Attempt selling if market gaps up but fails to break above 2425
Plan B : Cut above 2435
Plan C : Wait for retracement to go long, possibly around 2390 level
Plan D : Cut below 2380
*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 sank on Wednesday, pushing the S&P 500 to close below 1,900 for the first time since September as investors grew anxious about weak energy prices, U.S. corporate earnings and the global economy.
Hong Kong stocks ended more than 1 percent higher on Wednesday as the yuan stabilized, but the main indexes pared some gains after China stocks fell sharply in late afternoon trade.
Plan A : Above 20279, do nothing
Plan B : Below 19820, do nothing
Plan C : Attempt buying if market holds firm above 20070
Plan D : Cut below 19960
Plan E : Consider selling if market gaps up but fails to break above 20279
Plan F : Cut above 20279
FKLI
Market successfully defended its support at 1638 before rebounding to close at 1645 yesterday. However, failure to breach and hold firm above 1648 coupled with a heavy drop from overnight Dow, FKLI is expected to open lower today. Selling mode is expected to continue especially if market fails to hold above 1638 today.
Plan A : Attempt selling if market trades below 1642
Plan B : Cut above 1648
Plan C : No buying to be attempted for the time being
Plan D : Next support seen at 1628
FCPO
FCPO made a fierce rally in the afternoon yesterday before settling at near day's high level. Market might opens higher today, moving in tandem with bean and dalian but gains could be limited now as market could go into overbought situation today. Avoid chasing buying too high as signal overall is still a sell
Plan A : Attempt selling if market gaps up but fails to break above 2425
Plan B : Cut above 2435
Plan C : Wait for retracement to go long, possibly around 2390 level
Plan D : Cut below 2380
*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, January 12, 2016
13 January 2016
HSI Futures
A late rebound in energy and biotech shares helped push the S&P 500 to a second straight day of gains on Tuesday, while Apple and other technology shares also boosted the market.
Hong Kong shares finished down on Tuesday as technology and financial shares weighed, and following a sharp rise in Hong Kong short-term borrowing costs over the last two days.
Plan A : Above 20024, do nothing
Plan B : Below 19650, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 20024
Plan D : Cut above 20138
Plan E : Consider intraday buy if market holds firm above 19883 and stays resilient
Plan F : Cut below 19834
FKLI
Market successfully holds above its support level of 1628 before rebounding. Market could potentially found a temporary support especially if market were to hold firm above 1638 today.
Plan A : Attempt intraday buy if market holds firm above 1638
Plan B : Cut below 1635
Plan C : Consider selling if market surges but fails to break above 1648
Plan D : Cut above 1654
FCPO
FCPO flattened on Tuesday after triggering a sell trend on the previous day. Dalian and soybean oil are slightly down while Ringgit is hovering around RM4.37 to RM4.41 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2426. Targets are 2366, 2342 and 2298.
Plan B : Sell if market could rebound and resist at 2399. Targets are 2366, 2350 and 2342.
Plan C : Buy if market flat-out and support above 2382. Targets are 2399, 2412 and 2426.
Plan D : Above 2400, no fresh position.
Plan E : Below 2370, 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.
A late rebound in energy and biotech shares helped push the S&P 500 to a second straight day of gains on Tuesday, while Apple and other technology shares also boosted the market.
Hong Kong shares finished down on Tuesday as technology and financial shares weighed, and following a sharp rise in Hong Kong short-term borrowing costs over the last two days.
Plan A : Above 20024, do nothing
Plan B : Below 19650, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 20024
Plan D : Cut above 20138
Plan E : Consider intraday buy if market holds firm above 19883 and stays resilient
Plan F : Cut below 19834
FKLI
Market successfully holds above its support level of 1628 before rebounding. Market could potentially found a temporary support especially if market were to hold firm above 1638 today.
Plan A : Attempt intraday buy if market holds firm above 1638
Plan B : Cut below 1635
Plan C : Consider selling if market surges but fails to break above 1648
Plan D : Cut above 1654
FCPO
FCPO flattened on Tuesday after triggering a sell trend on the previous day. Dalian and soybean oil are slightly down while Ringgit is hovering around RM4.37 to RM4.41 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2426. Targets are 2366, 2342 and 2298.
Plan B : Sell if market could rebound and resist at 2399. Targets are 2366, 2350 and 2342.
Plan C : Buy if market flat-out and support above 2382. Targets are 2399, 2412 and 2426.
Plan D : Above 2400, no fresh position.
Plan E : Below 2370, 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.
Monday, January 11, 2016
12 January 2016
HSI Futures
The Dow and S&P 500 ended a volatile session up slightly on Monday in a late turnaround, but a drop in biotechs and energy shares kept a lid on the market.
Hong Kong shares finished down on Monday after major mainland indices closed at their lowest levels since September.
Plan A : Above 20199, do nothing
Plan B : Below 19738, do nothing
Plan C : Consider intraday long if market holds firm above 19999
Plan D : Cut below 19950
Plan E : Attempt selling if market rebounds but fails to break above 20110
Plan F : Cut above 20199
FKLI
Market continued to be weak after failing to hold above 1648 yesterday. Market look likely to test its next support level of 1628 soon. Failure to hold above 1628 would see market heading towards 1608 in the near future.
Plan A : Attempt selling if market rebounds but fails to break above 1644
Plan B : Cut above 1648
Plan C : Consider intraday long only if market stays resilient above 1628 and rebounds
Plan D : Cut below 1628
FCPO
FCPO slumped towards the second session after tipping at 2453. Market trended a sell on Monday with a strong boost of volume when the morning low broke. Dalian and overnight soybean oil are leaning towards negative territories while Ringgit vs U.S. Dollar hovers around RM4.38 to RM4.41 for recent play.
Plan A : Overnight seller hold on to position. Resistance is looking at 2418. Targets are 2363, 2342 and 2298.
Plan B : Sell if market rebounded and resisted around 2406. Targets are 2363 and 2342. Apply when there is no gap-down at opening.
Plan C : If market gap-down at opening, sell if resistance at 2384 not broken. Targets are 2363, 2350 and 2342.
Plan D : Buying is opportunistic play and it is a pace game. If market gap-down at opening and support above 2363. May try to buy. Target is 2384.
Plan E : Above 2406, no fresh position.
Plan F : Below 2360, 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.
The Dow and S&P 500 ended a volatile session up slightly on Monday in a late turnaround, but a drop in biotechs and energy shares kept a lid on the market.
Hong Kong shares finished down on Monday after major mainland indices closed at their lowest levels since September.
Plan A : Above 20199, do nothing
Plan B : Below 19738, do nothing
Plan C : Consider intraday long if market holds firm above 19999
Plan D : Cut below 19950
Plan E : Attempt selling if market rebounds but fails to break above 20110
Plan F : Cut above 20199
FKLI
Market continued to be weak after failing to hold above 1648 yesterday. Market look likely to test its next support level of 1628 soon. Failure to hold above 1628 would see market heading towards 1608 in the near future.
Plan A : Attempt selling if market rebounds but fails to break above 1644
Plan B : Cut above 1648
Plan C : Consider intraday long only if market stays resilient above 1628 and rebounds
Plan D : Cut below 1628
FCPO
FCPO slumped towards the second session after tipping at 2453. Market trended a sell on Monday with a strong boost of volume when the morning low broke. Dalian and overnight soybean oil are leaning towards negative territories while Ringgit vs U.S. Dollar hovers around RM4.38 to RM4.41 for recent play.
Plan A : Overnight seller hold on to position. Resistance is looking at 2418. Targets are 2363, 2342 and 2298.
Plan B : Sell if market rebounded and resisted around 2406. Targets are 2363 and 2342. Apply when there is no gap-down at opening.
Plan C : If market gap-down at opening, sell if resistance at 2384 not broken. Targets are 2363, 2350 and 2342.
Plan D : Buying is opportunistic play and it is a pace game. If market gap-down at opening and support above 2363. May try to buy. Target is 2384.
Plan E : Above 2406, no fresh position.
Plan F : Below 2360, 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.
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