Sunday, November 18, 2018

19 November 2018

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Gold

Gold rose as much as 1 percent on Friday as the dollar fell after U.S. Federal Reserve officials made cautious comments that fed doubt about the outlook for interest rate hikes, while palladium hit a record high driven by worries about short supplies.

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Plan A : Attempt buying if gold prices trade resiliently above 1222.1
Plan B : Cut below 1214.1
Plan C : Consider selling if gold price fails to hold above 1222.1
Plan D : Cut above 1227.1


HSI/HSI Warrant

The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods, but declines in shares of Nvidia Corp, Amazon.com Inc and Facebook Inc helped to drag down the Nasdaq.

Stocks in Hong Kong rose marginally on Friday as China and the United States were seen as drawing closer to formal trade negotiations. IT hardware companies, some of which were caught in the trade war crossfire earlier this year, outperformed the rest of the market.

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Plan A : Attempt selling if market fails to break above 26515
Plan B : Cut above 26615
Plan C : Consider buying if market declines but still supported and rebounds from 25889
Plan D : Cut below 25784


FKLI

FKLI was holding firm above 1700's with great supports from the buyers despite it had a little profit-taking activities going on during mid-day of the session which resulted the market to decline a little before it closed slightly higher at 1705 at the end of the day. The market signal has been slightly shifted from strong selling to minor buying now, hence sellers ought to monitor closely either to grab their profit before it is too late while the buyers may start to observe a right level to enter the market.

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Plan A : Continue to sell if the market surges but fails to break above 1719.5
Plan B : Cut above 1724
Plan C : Consider buying if market supported above 1706
Plan D : Cut below 1702

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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