U.S. stocks closed lower Wednesday after mixed data, with energy leading decliners and utilities leading.
Hong Kong shares fell to a three-week closing low on Wednesday, tracking sluggish trading in Asian markets as worries about global growth and creeping deflation resurfaced. Focus will be on Caixin China services PMI today while Japan and Korea markets are shut for public holiday.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.
Plan A : Above 20548, do nothing
Plan B : Below 20245, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 20461
Plan D : Cut above 20548
Plan E : Consider buying if market gap down but supported above 20245
Plan F : Cut below 20245
FKLI
Market as predicted rebounded from the low of 1629 yesterday. This level should now serve as a temporary bottom for FKLI. Market sentiment has not changed despite the strong rebound to 1655.5 yesterday. Higher to sell will still be the best strategy for the time being.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.
Plan A : Attempt selling if market rebounds but fails to breach above 1663
Plan B : Cut above 1666
Plan C : Consider buying only if market falls but stays resiliently above 1630
Plan D : Cut below 1626
FCPO
FCPO sky-rocketed on Wednesday with good intraday range. Dalian and soybean oil are trading at positive range while Ringgit weakened around RM4.00 against the US Dollar.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.
Plan A : Buy if market supported above 2605. Targets are 2627, 2639 and 2673.
Plan B : Sell if market rebounded and resisted around 2627. Targets are 2605.
Plan C : Above 2627, no fresh position.
Plan D : Below 2605, 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.
I found this post a very informative one. For good returns it is must to learn timely market updates and movements. For best updates on market live follow epic research.
ReplyDelete