HSI Futures

U.S. stocks tumbled on Thursday, with the Dow and the S&P 500 suffering their worst day since early February, on rising concerns over Ukraine and Russia and new signs of a slowdown in China.

Hong Kong stocks ended lower on Thursday, thanks to disappointing China economic data in the afternoon that caused an index of Chinese shares listed in the city to close at a fresh eight-month low.

Plan A : Below 21611, do nothing
Plan B : Above 22024, do nothing
Plan C : Consider buying if market dips but holds firm above 21611 and triggers a buy
Plan D : Cut below 21611
Plan E : Consider selling if market attempts to break 21945 but fails
Plan F : Cut above 22024


FKLI

Failure of closing above 1819 yesterday is going to cause market to face persistent selling today. Panic selling could comes in especially if market fails to hold above 1808.

Plan A : Attempt selling between 1813-1815
Plan B : Cut above 1821
Plan C : Consider buying only if market dips and holds firm above 1790
Plan D : Cut below 1787


FCPO

Today is the last day of the active month and the spread between the third and fourth month has been widen day by day. Coming Monday you may expect the market to gap down on the first day if the spread still persist. Ringgit has been hovering around 3.26 to 3.28 level and regional competitive substituents has not experience any extreme downturn. 

Plan A : Overnight seller may hold on to position. Resistance looking at 2838 and profit target looking at 2784 and 2719.
Plan B : Intraday seller may enter at 2800's level taking 2818 as resistance. Profit target looking at 2784 and 2756.
Plan C : Buyer may want to stay out of market today.
Plan D : Above 2845, do nothing.
Plan E : Below 2740, 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 with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment