HSI Futures
U.S. stocks ended down on Tuesday, nose-diving in the afternoon as concerns mounted over escalating tensions in Ukraine.
Hong Kong shares finished slightly higher on Tuesday, as strong gains from index heavyweights HSBC and Tencent outweighed weakness at Chinese banks and energy firms, which were under pressure in a retracement of recent jumps. Bank of England and ECB's rate decision due tomorrow will be monitored closely despite both are expected to leave rates unchanged.
Holding long
Plan A : 24372-24794, do nothing
Plan B : Below 24372, cut
Plan C : Above 24794, consider taking profits first if market gaps up and retrace
Plan D : Consider turning sell only if market fails to break above 24679 and triggers a sell
Plan E : Cut above 24736
FKLI
Market hold firm yesterday despite weak regional markets. Market look likely to be tested once again today after a triple-digits fall from overnight Dow.
Plan A : Consider buying if market manage to hold firm above 1871.5
Plan B : Cut below 1867
Plan C : Attempt selling around 1880-1881.5 level
Plan D : Cut above 1887
FCPO
FCPO continue to hover around 2246 to 2280 yesterday and eventually close lower at 2254. Soybean oil was down 55 cents overnight and RBD Pam Olein continue to trade lower. Therefore, market might account for a drop during opening hour.
Plan A : Overnight buyer may take support at 2246 and target is looking at 2342. Investor is advisable to exit the market if market could not hold above the support.
Plan B : Fresh buyer may stay out.
Plan C : Above 2270, do nothing.
Plan D : Below 2230, 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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