15 February 2016

HSI Futures

U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded.

A near 7 percent slump in China shares listed in Hong Kong this week and meltdown in financial markets globally is putting investors on edge ahead of the reopening of mainland China markets today after the long Lunar New Year holiday.

Plan A : Above 18600, do nothing
Plan B : Below 18300, do nothing
Plan C : Attempt buying if market holds firm above 18370
Plan D : Cut below 18300
Plan E : Consider intraday selling if market gap up but fails to break above 18672
Plan F : Cut above 18733


FKLI

Market staged a firm recovery last Friday as market closed almost at day's high level. Market is expected to open higher today after a 313-points in Friday's Dow. A successful breach and firm hold above 1644 would confirm a strong reversal from its earlier bearish mode. Therefore, sellers must be cautious today.

Plan A : Attempt buying if market stays firm above 1644
Plan B : Cut below 1636
Plan C : Consider intraday sell if market surges but fails to break above 1656
Plan D : Cut above 1662


FCPO

FCPO refused to retreat last Friday and it ended high. Dalian made a tremendous upside today after a long festive break. Soybean oil is trading positively while Ringgit vs U.S. Dollar stays at RM4.16.

Plan A : Sell if market gap up during opening hour. Resistance is 2668. Target are 2639 and 2628.
Plan B : Sell if market did not gap up during opening and resisted around 2642. Targets are 2611 and 2596.
Plan C : Buy if market retraced and supported above 2611. Targets are 2642 and 2668.
Plan D : Above 2642, no fresh position.
Plan E : Below 2611, 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.