HSI Futures
Wall Street dropped on Thursday, leaving the S&P 500 marginally lower for a year marked by record highs as well as a major selloff.
Shanghai stocks ended 2015 up nearly 10 percent, beating Wall Street and most other major markets, and shaking off a savage summer rout. On the data front, China's Caixin's manufacturing Purchasing Managers Index (PMI) is due on Monday.
Plan A : Above 22056, do nothing
Plan B : Below 21726, do nothing
Plan C : Attempt selling if market stays below 21905
Plan D : Cut above 22000
Plan E : Consider intraday buy only if market holds firm above 21726 and rebound
Plan F : Cut below 21726
FKLI
Market was visibly tired last Thursday before going into the long New Year's Day holiday. It will be important for market to hold above 1681 if it were to remains resilient. Otherwise, profit taking selling could kick in today.
Plan A : Attempt selling if market stays below 1690
Plan B : Cut above 1696
Plan C : Consider intraday long only if market stays firm above 1681
Plan D : Cut below 1677
FCPO
With bean and dalian trading lower, FCPO is expected to open lower today too. However, long term investors should still look for levels to buy as market is trading at a buy signal. Market is still deemed to be bullish as long as market stays firm above 2437. Lower to long will be the strategy for today.
Plan A : Long between 2440-2437
Plan B : Cut below 2416
Plan C : Consider intraday selling only if market opens around 2480-2486
Plan D : Cut above 2490
*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