HSI Futures
European markets ended strong on Monday with 2% to 3% increment as investor see value in banking and commodities sector.
Hang Seng rebounded firmly yesterday after the recent drop. However, the market has not make any progress of recovery after a great depression since early of the year.
Plan A : Buy if market retreated and supported above 18693. Targets are 19231 and 19513.
Plan B : Sell if market opened high around 19231. Targets are 18835 and 18693.
Plan C : Above 19300, no fresh position.
Plan D : Below 18700, no fresh position.
FKLI
Despite the great performance from the European markets, FKLI market opened with minimal effect. Market consolidated within 1623 to 1662.5 since early February, up to date there is still no sign of a breakthrough.
Plan A : Sell if market rebounded and resisted around 1663. Targets are 1654 and 1648.
Plan B : Buy if market retraced and supported 1648. Targets are 1654, 1663 and 1672.
Plan C : Above 1663, no fresh position.
Plan D : Below 1645, no fresh position.
FCPO
FCPO resisted at 2648 on Monday, then it tumbled to the low of 2590. Today is the switch month but it might not take too much effect like past few months as the spread is narrow. Dalian and soybean oil are slightly up while Ringgit strengthen against U.S. Dollar at RM4.12. To subcribe to live signal, please email us at futures.coin@gmail.com for details.
Plan A : Sell if market rebounded and resisted around 2609 or 2619. Targets are 2582, 2576, 2560 and 2540.
Plan B : Buy if market supported above 2582. Targets are 2604, 2615, 2626 and 2635.
Plan C : Above 2620, no fresh position.
Plan D : Below 2580, no fresh position.
*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