HSI Futures
U.S. stocks ended up on Friday but off their session highs as a late afternoon selloff in the biotechnology sector weighed on the overall market. The three major U.S. stock indexes had been significantly higher in most of the morning and early afternoon trade following comments from China's Premier Li Keqiang indicating that the country's government was ready to take steps to support its slowing economy.
Asian stocks rose this week, with HSI rebounding from two weekly losses to post its biggest advance in almost a year, as finance shares led gains. Tencent Holdings Ltd. dropped amid concern valuations for Internet stocks are too high.
Holding a long
Plan A : 21916-22267, do nothing
Plan B : Below 21916, exit position
Plan C : Above 22267, consider taking profits first
Plan D : Consider selling only if market fails to break above 22159 and triggers a sell
Plan E : Cut above 22267
FKLI
FKLI look set to hold firm for last trading day of Q1. A firm close above 1852 today will give April month contract a further boost and heads towards 1870 level next.
Plan A : Long between 1841-1844
Plan B : Cut below 1838
Plan C : Consider intraday selling only if market comes close to 1870 but fails to break through
Plan D : Cut above 1870
FCPO
FCPO has been hovering around 2640's to 2670's over last Friday. Market movement starts to narrow and might consolidate before moving towards a trend.
Plan A : Overnight seller might want to consider to get out if market stabilizes around 2660's and resistance at 2676 is broken.
Plan B : Intraday investor may want to try some buying around 2650's to 2660 if 2645 is supported. Place a stop.
Plan C : Fresh seller may want to avoid the market at this stage.
Plan D : Above 2700, do nothing.
Plan E : Below 2640, 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
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