HSI Futures
U.S. stocks jumped on Monday, with the S&P 500 rising for the fifth day in a row, as rising oil prices boosted energy stocks and investors bet the Federal Reserve would not raise interest rates this year.
Hong Kong shares rose 1.6 percent on Monday, with technology and financial stocks leading the way, as expectations of a United States interest rate hike this year diminished on weaker-than-forecast jobs data.
Plan A : Above 22127, do nothing
Plan B : Below 21700, do nothing
Plan C : Consider intraday sell if market gaps up but fails to break above 22127
Plan D : Cut above 22127
Plan E : Attempt buying if market holds firm above 21817
Plan F : Cut below 21700
FKLI
Market surprised everyone yesterday by opening gap up and never look back before settling at day's high level yesterday. Market look set to surge further today after a strong showing by overnight Dow and also an improved RM against USD.
Plan A : Attempt buying as long as market stays firm above 1636
Plan B : Cut below 1630
Plan C : Consider intraday sell only if market test 1654.5 level and fails to breach through
Plan D : Cut above 1660
FCPO
FCPO went through a consolidation day yesterday and it could extend today. Despite the strong overnight bean, market might not gap up too much as there are sellers in waiting especially with RM strengthening against USD. Both buyers and sellers should not be too bias for now as market could just be range bound for the time being
Plan A : Range bound trading between 2370-2450
Plan B : Eager sellers can attempt intraday selling if market fails to breach and stay firm above 2432
Plan C : Cut above 2450
Plan D : Buying to be considered if market holds firm above 2407
Plan E : Cut below 2394
*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