HSI Futures

U.S. stocks fell on Thursday, with the Dow Jones Industrial average recording its third consecutive day of losses, as risky assets sold off in wake of disappointing manufacturing data in China.

Chinese shares listed in Hong Kong posted their biggest loss in three weeks on Thursday, dented by a private preliminary survey that showed factory activity shrank in the world's second-largest economy in January.

Market finally broke out from the days of consolidation yesterday

Plan A : Attempt selling if market rebounds but fails to breach above 22926

Plan B : Cut above 22935

Plan C : Consider taking profit around 22558 if market refuses to go down further

Plan D : Reinstate when it gets closer to the resistant line

Plan E : Consider turning buy only if market rebounds from 22558 level, possibly buying around 22600

Plan F : Cut below 22549

FKLI

FKLI trying very hard to defend the 1800 level but likely to finally fail today after overnight Dow lost 175-points.

Plan A : Sell around 1807-1811 level

Plan B : Cut above 1816

Plan C : Consider taking profit around 1781 if it stubbornly holds firm above it

Plan D : Intraday buy can be attempted only if market holds firm above 1781

Plan E : Cut below 1777

FCPO

Market was supported at 2570 level and continue its up-channel to 2604 yesterday. Therefore, it might expect some positive outlook today.

Plan A : Overnight buyer could hold on to your position and taking 2577 as your support. Immediate target is 2608 and next resistance is looking at 2669.

Plan B : Intraday investor may consider to buy around 2590's level, taking 2585 as support. Target profit for intraday may reach 2630's level.

Plan C : It may not be the right time for seller to join the market.

Plan D : If you are tempting to reinstate your buy position for some long term buyer, you could buy around 2590's to 2600's level. Taking 2585 as your support. Target price is 2669.

*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.