HSI Futures
U.S. stocks finished flat on Wednesday with investors hesitant to make a big move on the day before comments from Federal Reserve Chair Janet Yellen, though retailers' shares rallied on results for a second day.
Hong Kong shares rebounded from their lowest in more than a week on Wednesday, thanks to gains by Chinese oil majors on state-owned enterprise reform hopes and by Macau casinos in anticipation February had record high gambling revenue.
March month contract
Plan A : Above 22490, do nothing
Plan B : Below 22145, do nothing
Plan C : Attempt selling if market opens higher but fails to break above 22490
Plan D : Cut above 22562
Plan E : Consider buying if market opens low but holds firm above 22145 and triggers a buy
Plan F : Cut below 22145
FKLI
FKLI went through some last minute amid weak cash market close. Selling pressure could continue today if cash market couldn't make recovery. Buyers will have to be cautious for further flush down if supports were breached.
Plan A : Attempt selling around 1830-1832
Plan B : Cut above 1835
Plan C : Consider buying around 1811-1817 level if market opens low but holds firm
Plan D : Cut below 1808
FCPO
Market made a short breather and swiftly putting the bull back at trigger. Yesterday was the first day since 2013 that market has moved almost 100 points. With the drought condition in Malaysia right now, investors were very positive about the outlook of the CPO and pushed the price to new high of 2818.
Plan A : Around 2852, buyer may want to take profit.
Plan B : Intraday investor might attempt selling around 2810's if 2825 is not broken. Profit target looking at 2785 and 2769.
Plan C : Above 2860, do nothing.
Plan D : Below 2760, 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
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