HSI Futures
U.S. stocks finished sharply higher on Monday, with the Dow Jones industrial average re-emerging in positive territory for the year, after euro zone leaders reached a tentative deal to bail out Greece.
Hong Kong stocks rose for a third straight day as investors cautiously built up positions, tracking a continuous recovery in mainland shares after China launched a fresh crackdown on margin lending.
Plan A : Above 25240, do nothing
Plan B : Below 24828, do nothing
Plan C : Consider selling if market fails to break above 25240 and retrace
Plan D : Cut above 25284
Plan E : Attempt buying if market holds firm above 25022
Plan F : Cut below 24828
FKLI
Market for second consecutive days, hold firm above 1700-level. Market could potentially looking for a bottom before rallying once again. As long as market holds above 1705, there will be a chance of seeing 1735-level next.
Plan A : Attempt buying if market stays firm above 1705
Plan B : Cut below 1696
Plan C : Consider intraday sell if market surge but fails to break above 1735
Plan D : Cut above 1740
FCPO
FCPO slowly crawled back to where it started to dive from. Dalian and soybean oil are quite strong this morning while Ringgit remains at RM3.80 against the greenback. It is inevitable for a gap up this morning as Dalian roars.
Plan A : Intraday investor or seller may sell if market open gap up and resisted at 2234. Target is 2198 and 2183.
Plan B : If market does not gap up during opening, seller or intraday investor may sell if market could not break 2209. Target is 2183, 2170 and 2157. Hold overnight if market could close below 2183 for the day.
Plan C : Buyer may stay out.
Plan D : Above 2240, do nothing.
Plan E : Below 2180, 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.
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