HSI Futures

The Nasdaq suffered its biggest drop in two-and-a-half years on Thursday after another sharp selloff in biotech and momentum names, including Gilead Sciences and TripAdvisor, increasing investor anxiety about a broader pullback.

Hong Kong shares closed at their highest level in more than three months on Thursday, lifted by news that Beijing's securities regulator will allow cross-border stock investment between Hong Kong and Shanghai.

Plan A : Above 23321, do nothing

Plan B : Below 22932, do nothing

Plan C : Profit taking selling could kicks in if market go for another surge but fails to break above 23321. Attempt intraday selling if it triggers sell on its 5 min chart

Plan D : Cut above 23321

Plan E : Consider buying if market corrects but holds firmly above 22932

Plan F : Cut below 22794

FKLI

FKLI got pressured down towards the final minutes of yesterday's trading. Market look likely to open lower today after overnight sell down in the U.S. markets. 

Plan A : Attempt selling if market fails to stays above 1851

Plan B : Cut above 1857

Plan C : Consider buying if market opens gap down but holds firmly above 1843

Plan D : Cut below 1840

FCPO

Yesterday market was unstable at the second session and it eventually closed above 2600. Today, market might experience gap down in the morning during opening as the competitive substituents are quite badly hurted. So far, market is not stable for any long term position until it starts to consolidate.

Plan A : Overnight buyer might want take 2673 as support and exit market if it breaks.

Plan B : Intraday investor might want to range trade around 2670 to 2724. 

Plan C : Above 2730, do nothing.

Plan D : Below 2660, 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