HSI Futures

 

U.S. stocks ended a volatile session mostly flat on Friday as investors digested comments from Federal Reserve officials that raised questions about how quickly the central bank will end its stimulus program.

 

Hong Kong shares had their biggest one-day loss in six months on Friday as weakness in global markets, sparked by risk aversion, added to negative sentiment as investors remained concerned about slower economic growth in China.

 

Plan A : Above 22932, do nothing

Plan B : Below 22692, do nothing

Plan C : Consider selling if market test 22932 but fails to breach through

Plan D : Cut above 23036

Plan E : Consider buying only if market supported well above 22692 and trigger a buy on its 5 min chart

Plan F : Take a 60-points risk

 

FKLI

 

Market took another weak trading day last Friday with investors got spooked by regional's market sell down. Market might make some minor recovery today but persistent selling can be expected as long as Ringgit remains weak.

 

Plan A : Take a sell 3-points higher from the opening

Plan B : Cut above 1852

Plan C : Consider buying only if market holds firm above 1826

Plan D : Cut below 1826

FCPO

FCPO market has been tricky lately by doing its sidewalk movement. Its competitive substituents seems to be showing some weaknesses. Therefore, it's quite likely that market could open down. At this moment, you should be of no position if you follow the plan from last week. We will continue to trade with side way with no long term view yet.

Plan A : Below 2610, do nothing.
Plan B : Above 2670, do nothing.
Plan C : If market still supported above 2614, intraday player may want to try some buy. You could buy at the price of 2620s level. Potential profit target looking at the 2660. Do place a stop if 2614 breaks. Taking 10 to 15 points risk will be sufficient.
Plan D : If market were to consolidate, sell if market trade around 2660 and could not break 2670. Profit target looking at 2614 for near term.
Plan E : Avoid entry around 2630s to 2650s level.      

*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.