HSI FUTURES
The S&P 500 ended flat yesterday as investors paused ahead of Friday's jobs report, though gains in Internet shares helped lift the Nasdaq. Dow eased back into negative territory and closed down 21.97.
Plan A : Overnight seller may hold on to position, taking resistance at 22065. Profit target looking at 21102.
Plan B : Intraday investor may want to stay out this round.
Plan C : Buyer may want to wait 'till market formed a support layer before reacting. However, recommended not to trade and wait for the next signal.
Plan D : Above 22100, do nothing.
Plan E : Below 21600, do nothing.
FKLI
FKLI has been holding firm regardless of the weakness around the region. Market tested to the high of 1870 and hovered around 1860's level.
Plan A : Overnight buyer may want to watch out the resistance at 1870. If it breaks through, profit target looking at 1882 and 1900.
Plan B : Seller may sell if market could not break 1870 and profit target looking at 1844 and 1831. Hold overnight if market failed to break 1853.
Plan C : Fresh buyer may stay out.
Plan D : Above 1875, do nothing.
Plan E : Below 1850, do nothing.
FCPO
FCPO confirmed its down-channel on Wednesday. Soy bean oil is down 96 cents overnight, and other competitive substituents are also trading at their negative zones. Therefore, market may gap down in the morning.
Plan A : Overnight seller hold on to position, taking resistance at 2630 and profit target looking at 2572 and 2525.
Plan B : Intraday investor may sell if market rebounded and could not break 2630 and 2610(in the event of market gap beyond 2600). Profit target looking at 2572.
Plan C : Buyer may want to stay out at this point.
Plan D : Above 2640, do nothing.
Plan E : Below 2560, 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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