HSI Futures
U.S. stocks slipped on Friday on options-related trading, with the S&P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm.
Hong Kong's Hang Seng Index rebounded on Friday, led by a 2.8 percent gain for Tencent Holdings and posting its second-straight weekly gain ahead of a slew of corporate earnings results next week.
Plan A : Above 22690, do nothing
Plan B : Below 22374, do nothing
Plan C : Consider selling if market once again opens high but fails to break above 22690
Plan D : Cut above 22751
Plan E : Consider buying if market opens low but supported well above 22374 and triggers a buy
Plan F : Cut below 22297
FKLI
FKLI surged temporary to a high of 1845 last Friday before retracing and hovered around 1830-1835 throughout the day. Market look likely to further consolidate within the range of 1822-1845 for the time being
Plan A : Attempt buying if market opens low but supports well above 1826
Plan B : Cut below 1820
Plan C : Selling can only be considered if market attempts to break above 1835-1836 but fail
Plan D : Cut above 1842
FCPO
Crude palm oil has rallied on a firm basis where it corrected itself every time the market is boosted. Weather has been in a dry condition that may affect the yield and output of the product in the coming data. Long term view is still an upside for crude palm oil. Do not discount for short term correction.
Plan A : Overnight buyer may hold on to position if 2739 is supported. Profit target is 2812.
Plan B : Long term seller may want to avoid the market unless market come near and could not break 2800.
Plan C : Intraday investor could try to buy if 2728 is supported and sell is 2758 could not break.
Plan D : Above 2770, do nothing.
Plan E : Below 2720, do nothing.
*Disclaimer: This information is intended to assist professional investors. 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
Created by Futurescoin | Jan 23, 2024
Created by Futurescoin | Jan 22, 2024
Created by Futurescoin | Jan 19, 2024
Created by Futurescoin | Jan 18, 2024
Created by Futurescoin | Jan 16, 2024