HSI Futures
Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at the start of corporate earnings season.
Hong Kong shares finished firmer on Tuesday, taking their cue from some buoyant markets in the region while shrugging off weakness in mainland China's markets. Markets in South Korea and Thailand are close today while China is expected to release its March trade data.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
Plan A : Above 20613, do nothing
Plan B : Below 20303, do nothing
Plan C : Consider selling if market gap up but fails to breach above 20613
Plan D : Cut above 20707
Plan E : Attempt buying if market stays firm above 20537
Plan F : Cut below 20460
FKLI
FKLI moved within a tight range of 5-points for most of yesterday's trading and only surged higher towards the closing minutes amid intraday short covering activities. Market look likely to continue moving within its consolidation range of 1702.5-1720.5 for the time being despite strength in RM against USD. Investors are advised to stay patient until there's a clear break out from this range.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
Plan A : Attempt buying if market stays firm above 1709
Plan B : Cut below 1706
Plan C : Consider intraday selling if market gap up but fails to breach above 1720.5
Plan D : Cut above 1726
FCPO
FCPO merely rebound after opening in the morning with persistent seller pressuring the market. Dalian and soybean oil are relatively strong this morning while Ringgit further strengthen to RM3.84 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
Plan A : Sell if opened gap up and resisted around 2686. Targets are 2666, 2655 and 2649.
Plan B : Buy if market supported above 2655. Targets are 2677, 2686 and 2699.
Plan C : Above 2699, no fresh position.
Plan D : Below 2655, 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