HSI Futures

The Dow ended at a record high on Friday, boosted by IBM, while a rebound in high-growth momentum names helped the broader market.

Hong Kong shares finished up slightly on Friday, with volatility in telecoms and a sell-off in Great Wall Motors leaving the Hang Seng 1.8 percent lower on the week.

Holding a long

Plan A : 21553-21920, do nothing

Plan B : Below 21553, cut

Plan C : Above 21920, consider taking profits

Plan D : Consider turning sell if market fails to rebound after breaking below 21553

Plan E : Cut above 21671

FKLI

Market was seen holding firm overall despite failing to break above 1865. Tight range trading could continue as long as market stays within the range of 1854-1865

Holding a long

Plan A : 1850-1872, do nothing

Plan B : Below 1850, cut

Plan C : Consider taking profit near 1872 if it fails to breach through

Plan D : Attempt fresh intraday selling only if market fails to break above 1865

Plan E : Cut above 1872

FCPO 
FCPO went to high of 2593 and low of 2552 last week. Market seems to have good swing lately. Therefore, it is good for intraday player to trade the market. Do expect a major trend if market eventually start to break out.

Plan A : Overnight seller should have exited last week. If you haven't please proceed to get out.

Plan B : Intraday investor may try to buy taking support at 2568. Target is 2618.

Plan C : Long term buyer may to buy with support at 2558. Target is 2700.

Plan D : Above 2620, do nothing.

Plan E : Below 2550, 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