HSI Futures
Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
Hong Kong shares ended almost flat on Monday, as data shows that China's factories suffered their fastest drop in activity for a year as new orders fell. The China HSBC PMI index dropped to 48.9 in April-the lowest level since April 2014-from 49.6 in March. Markets in Japan, Korea and Thailand are closed for public holidays today.
Plan A : Above 28352, do nothing
Plan B : Below 27961, do nothing
Plan C : Consider selling if market fails to break above 28352 and triggers a sell
Plan D : Cut above 28352
Plan E : Attempt buying if market holds firm above 28194
Plan F : Cut below 28077
FKLI
Market plunged heavily on the Thursday before our long holiday with investors opted to stay out ahead of uncertainties. Market should recover today without much negativity in the global markets over the long holiday. Selling pressure however, could continue to come in around the 1830 level if market sentiment deteriorates.
Plan A : Consider selling if market rebounds but fails to break above 1832
Plan B : Cut above 1838
Plan C : Consider buying only if market touch 1820 once again and rebounds
Plan D : Cut below 1817
FCPO
FCPO flattened last Friday but today market might spike with stronger Dalian and overnight soybean oil while weakened Ringgit may provide more room for upwards movement. Market was stranded with mixed signal at the moment, thus, investor might want to stay calm and wait. If market open gap up beyond resistances, investor might consider arbitrage opportunity.
Plan A : Overnight seller might exit today. Resistance is looking at 2123 and 2140. Target is 2053 and 2017. Stay tune to http://klse.i3investor.com/servlets/forum/901704783.jsp
Plan B : Buyer may stay out today.
Plan C : Intraday investor may sell if market could not break 2140. Target is 2089 and 2082.
Plan D : Above 2150, do nothing.
Plan E : Below 2000, do nothing.
Plan change especially during extreme market. Should you have any enquiry, do not hesitate to contact us at futures.coin@gmail.com
*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.
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