HSI Futures
U.S. stocks rallied on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than investors had previously expected.
Hong Kong shares ended at its highest in 11 weeks on Wednesday, as a rebound in casino shares and index-heavyweight Tencent pushed the index to its best close since end-January.
Plan A : Above 23127, do nothing
Plan B : Below 22620, do nothing
Plan C : Consider selling if market fails to break above 23127 and triggers a sell
Plan D : Cut above 23127
Plan E : Attempt buying if market stubbornly hold from above 22685
Plan F : Cut below 22620
FKLI
FKLI remained firmly supported above 1852 level. Market is destined for a rally with 1871 the possible target.
Plan A : Attempt buying around 1855-1856
Plan B : Cut below 1850
Plan C : Intraday selling can be considered if market surge but fails to break above 1871
Plan D : Cut above 1875
FCPO
Market visited the low at 2670's level again for the second day and rebounded to a high of 2624 before closing. Ringgit is still strong against US dollar.
Plan A : Buyer should wait for a signal to buy once it stabilizes at 2589 and 2610. Target looking at 2687 and 2744.
Plan B : Overnight seller might have exited yesterday as resistance has been broken.
Plan C : Fresh seller should stay out today unless 2644 is not broken. Target looking at 2590.
Plan D : Intraday investor could try to buy if 2610 is supported. Target looking at 2644 and 2679.
Plan E : Above 2700, do nothing.
Plan F : Below 2580, 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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