HSI Futures
U.S. stocks recovered from early losses on Thursday, with the S&P 500 managing a slight gain as energy prices and oil stocks turned higher and financials lent support.
Hong Kong's benchmark index ended lower for a fifth straight day on Thursday, failing to hold onto slim midday gains after China indexes slid into the red with investors turning cautious ahead of more economic data.
Plan A : Above 24781, do nothing
Plan B : Below 24530, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24781
Plan D : Cut above 24837
Plan E : Consider buying if market holds firm above 24530 and triggers a buy again
Plan F : Cut below 24530
FKLI
Market fall at the eleventh hour yesterday after trading between the range of 1866-1868 for most of the day. Selling pressure were seen towards the final hour of trading. Sentiments were beaten, any technical rebound could be weak for today.
Plan A : Attempt selling if market rebounds but fails to breach above 1864
Plan B : Cut above 1869
Plan C : Consider intraday buy if market dive to 1845.5 and rebounds
Plan D : Cut below 1842
FCPO
FCPO broke through the resistance and tipped at 2073 yesterday. Ringgit remain weaken at 3.2 against greenback. Therefore, buyer will be more comfortable with their position.
Plan A : Overnight buyer hold on to position. Support is looking at 2016. Target 2151 and 2248.
Plan B : Seller may stay out of market.
Plan C : Intraday investor could try buying if support could hold on to 2052. Target is 2091.
Plan D : Above 2100, do nothing.
Plan E : Below 2010, 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