HSI Futures
The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple , while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down energy shares.
Hong Kong shares ended little changed on Monday, with gains in Tencent Holdings offsetting weakness in casino operators and oil firms and as most investors stuck to the sidelines awaiting major corporate earnings later in the week.
Plan A : Above 25096, do nothing
Plan B : Below 24592, do nothing
Plan C : Consider intraday selling if market surges but fails to break above 24952
Plan D : Cut above 25096
Plan E : Attempt buying if market were to hold firm above 24814
Plan F : Cut below 24703
FKLI
Market once again refused to fall despite showing some signs of weakness yesterday. Market is expected to open lower amid weak crude oil prices. It will be important for market to hold above 1800 level today.
Plan A : Attempt buying if market retrace but hold firm above 1801.5
Plan B : Cut below 1794.5
Plan C : Consider selling if market once again fails to break above 1818
Plan D : Cut above 1823.5
FCPO
FCPO finally broke through the consolidation range and headed down South. Dalian is still closed while soybean oil is down slightly.
Plan A : Overnight seller hold on to position. Resistance is looking at 2274. Target is 2189.
Plan B : Intraday investor may sell if market could rebound and resist around 2262. Target is 2219.
Plan C : Buyer stay out of market today.
Plan D : Above 2280, do nothing.
Plan E : Below 2240, 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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