07 February 2019 (Thursday)
FKLI
FKLI declined for almost 10-pts during the half day trading on Monday as most of the traders decided not to hold any position during the long holidays. However, the market signal now is a little contradicting despite it was declining on the eve of CNY, it still shows a little of the bullish signal. Hence, traders are opt to be alert towards the market movement.
Today, the movement of global overnight main indices markets were generally closed slightly lower. Thus, we may expect some rebounds in FKLI but it may still hovering below 1700's today.
Today's planning:
Plan A: Consider selling if market resisted before 1693, cut above 1698.
Plan B: Attempt buying if market trades firmly above 1681, cut below 1678.
Disclaimer: This information is intended to assist professional investors. 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.
FKLI
FKLI declined for almost 10-pts during the half day trading on Monday as most of the traders decided not to hold any position during the long holidays. However, the market signal now is a little contradicting despite it was declining on the eve of CNY, it still shows a little of the bullish signal. Hence, traders are opt to be alert towards the market movement.
Today, the movement of global overnight main indices markets were generally closed slightly lower. Thus, we may expect some rebounds in FKLI but it may still hovering below 1700's today.
Today's planning:
Plan A: Consider selling if market resisted before 1693, cut above 1698.
Plan B: Attempt buying if market trades firmly above 1681, cut below 1678.
Disclaimer: This information is intended to assist professional investors. 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.