HSI Futures
The Dow edged up to its ninth record closing high in a row while the S&P ended slightly higher on Monday, with consumer and technology sector gains offsetting losses in energy.
Hong Kong stocks posted modest gains on Monday, buoyed by strength in technology firms as well as Chinese resource and financial shares. Investors will be focusing on China July trade data due later today.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Above 27720, do nothing
Plan B : Below 27560, do nothing
Plan C : Attempt buying if market trades firmly above 27620
Plan D : Cut below 27560
Plan E : Consider selling if market surges but fails to breach above 27720
Plan F : Cut above 27770
FKLI
Market continued its surge from last week, touching a high of 1783 before settling at 1781 yesterday. Market would have to breach and stays firm above 1783 today if it were to prevent itself from profit taking activities. A trading range similar to yesterday could repeats if market fails to break above 1783-level today.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Attempt buying if market retrace and stays firm above 1776
Plan B : Cut below 1773
Plan C : Consider selling if market test but fails to breach above 1783
Plan D : Cut above 1786.5
FCPO
FCPO had highest rebound to 2620 before a tumble to 2572 towards the close. Selling pressure is consistent on Monday, depressing the market away from 2600's. Dalian and soybean oil are slightly positive while Ringgit stays at RM4.28 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Sell if market could not support above 2585. Targets are 2564, 2556 and 2520.
Plan B : Buy only if market supported firm above 2585. Targets are 2616 and 2638.
Plan C : Above 2595, no fresh position.
Plan D : Below 2575, 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