HSI Futures

U.S. stocks closed higher on Friday, with major indexes notching a second straight week of gains as investors were once again willing to overlook some soft economic data stemming from bad weather.

Hong Kong shares finished their best week in five months on a positive note on Friday, led by the Macau casino, Chinese Internet and healthcare sectors as benchmark indexes recovered from an emerging market selloff late last month.

Holding a short

Plan A : 21927-22419, do nothing

Plan B : Above 22419, cut

Plan C : Below 21927, consider taking profits first

Plan D : Consider turning buy if market holds firm above 22112 and triggers a buy after a correction

Plan E : Cut below 22112

FKLI

FKLI staged a recovery. tracking ringgit appreciation last Friday. Market is expected to be firm today after surviving last Thursday's sell down. Look for opportunity to go long as market stabilises. 

Plan A : Long around 1814-1816 level

Plan B : Cut below 1809

Plan C : Consider taking profits around 1835

Plan D : Intraday selling can be attempted if market surged furiously but fails to breach 1835

Plan E : Cut above 1837

FCPO

Market has been running on a gradual ascent from the past two weeks. Last week was the first day of it showing a weakening signal. Buyer should have exited the market last week.

Plan A : Overnight seller could stay put today unless resistance 2692 and 2700 is broken. Target profit looking at 2632 and 2605.

Plan B : Buyer may want to stay out today until market being corrected. So no trade for buyer.

Plan C : Intraday investor may try to sell if 2669 is not broken. Profit target looking at 2632. 

Plan D : Above 2680, do nothing.

Plan E : Below 2630, do nothing.

*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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment