17 May 2017

HSI Futures

The S&P 500 and the Dow ended Tuesday's session flat after mixed economic data and retail earnings, while the Nasdaq had another record close with help from technology stocks.

Hong Kong stocks turned lower on Tuesday after touching 21-month intraday highs, breaking a six-session winning streak, as investors took profit despite overnight strength on Wall Street.

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 25440, do nothing
Plan B : Below 25188, do nothing
Plan C : Attempt selling if market fails to hold above 25270
Plan D : Cut above 25370
Plan E : Consider buying only if market test and rebound from 25188
Plan F : Cut below 25188


FKLI

FKLI tumbled yesterday after failing to breach above its resistance level of 1784. A somewhat profit taking activities turned buyers into worried mode as market were down almost every bid. Buyers will have to be extra vigilant today as any breakdown below 1769 might cause the market to be pressured and hence sending the market lower.

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 stays consistently below 1772.5
Plan B : Cut above 1776.5
Plan C : Consider buying only if market holds resiliently above 1769
Plan D : Cut below 1765


FCPO

FCPO experienced switch month effect with depressed prices in the earlier session but later erased the losses towards the close. Dalian and soybean oil are slightly mixed while Ringgit stays at RM4.31 against the greenback.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.

Plan A : Sell if market rebounded and resisted 2635. Targets are 2608, 2569 and 2529.
Plan B : Buy only if market supported firm above 2608. Targets are 2636 and 2653.
Plan C : Above 2635, no fresh position.
Plan D : Below 2608, 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.