HSI Futures
U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower.
Hong Kong shares joined nearly all regional markets in rising on Thursday after the Federal Reserve indicated it won't start raising U.S. interest rates for some time.
Plan A : Above 24637, do nothing
Plan B : Below 24252, do nothing
Plan C : Consider intraday sell if market trades below 24507
Plan D : Cut above 24637
Plan E : Attempt buying if market corrects but holds firm above 24340
Plan F : Cut below 24252
FKLI
Market failed to break above 1817.5 despite holding well for most of the day yesterday. Market could open little changed today with buyers and sellers battling out among themselves.
Plan A : Consider selling if market trades below 1810.5
Plan B : Cut above 1817.5
Plan C : Attempt buying if market corrects but holds firm above 1803.5
Plan D : Cut below 1797
FCPO
FCPO had V-Shape movement yesterday with drastic recovery after a sharp drop to 2165. Dalian and soybean oil are quite mixed today while Ringgit is weaker against the U.S. Dollar at RM 3.71. Market signals are still quite mixed in charts at the moment, therefore investor should take precaution.
Plan A : Buyer may buy if market could support above 2188. Target is 2229, 2248 and 2264.
Plan B : Seller may sell if market resisted around 2229. Target is 2175 and 2128.
Plan C : Intraday investor may trade within consolidation range of 2230 to 2275.
Plan D : Above 2230, do nothing.
Plan E : Below 2190, do nothing.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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