HSI Futures
U.S. stocks tallied their third straight session of gains on Wednesday, led by energy shares as oil prices jumped, while better-than-expected economic data helped allay growth fears.
Hong Kong stocks lost ground on Wednesday as a two-day solid rally petered out, thanks in part to slumping energy shares that dragged down the market. A number of economic data are due today- January trade data from Japan, monthly job reports from Australia and January CPI and PPI numbers from China mainland.
Plan A : Above 19128, do nothing
Plan B : Below 18813, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 19043
Plan D : Cut above 19128
Plan E : Consider long if market holds firm above 19043
Plan F : Cut below 18980
FKLI
Market closed at day's high level yesterday after successfully hold firm throughout the day. Market stand a good chance of breaking above 1672 today and heads towards its next resistance levels of 1683 and 1696 next. Pullback could be minimal with sentiment improved day by day.
Plan A : Attempt buying if market corrects and hold firm above 1662
Plan B : Cut below 1656
Plan C : Consider intraday selling if market gaps up and fails to break above 1683
Plan D : Cut above 1686
FCPO
FCPO rode on rocky road in the earlier session yesterday, then it slowly moved upwards after stabilizing at 2590's level. Dalian and overnight soybean oil are strong while Ringgit strengthen against U.S. Dollar at RM4.17. Market is likely to gap-up during opening with strong performing regional markets. Investor might want to take chance on the opening hour. To subscribe to live signal, email to us at futures.coin@gmail.com.
Plan A : If market opened gap-up above 2627, let it move a while, sell if market resisted around 2648. Targets are 2622, 2610 and 2597.
Plan B : If market does not gap up, sell if market could not breach above 2627. Targets are 2608, 2599 and 2590.
Plan C : Buy only if market retraced and support above 2590. Targets are 2622 and 2648.
Plan D : Above 2648, no fresh position.
Plan E : Below 2590, 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.
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