HSI Futures

U.S. stocks fell on Wednesday, with the Dow and S&P 500 retreating from recent record highs, as small caps resumed their sell-off and consumer discretionary shares lagged.

Hong Kong shares hit a three-week high on Wednesday, as property and banking stocks continued to rise after China's central bank urged mainland lenders to speed up the granting of home loans.

Holding a long

Plan A : 22151-22584, do nothing

Plan B : Below 22151, liquidate first

Plan C : Above 22584, consider taking profits if it retraces after a higher opening

Plan D : Consider selling only if market consolidates and triggers a sell after failing to break above 22584

Plan E : Cut above 22584

FKLI

Market surged to a new record high, moving in tandem with the underlying cash market yesterday. Mild profit taking could kick in after the triple digits fall in overnight Dow but declines will likely be minimal with investors turning bullish after breaching of few important resistance levels. 

Holding a long

Plan A : 1862-1884, do nothing

Plan B : Below 1862, liquidate first

Plan C : Above 1884, consider taking profits if it couldn't hold firm

Plan D : Intraday selling can be considered if market fails to break above 1884 and falls thereafter

Plan E : Cut above 1886

FCPO

FCPO touched the high of 2614 yesterday and eventually close at 2607. Today is the last trading day for FCPO and trading figure will base on July month. Market seems to be holding quite well above support level.

Plan A : Overnight buyer may hold on to position. Support is 2573 and profit target is looking at 2666 and 2723.

Plan B : Intraday investor may buy if market holding at 2592. Profit target is looking at 2640.

Plan C : Seller may want to stay out today.

Plan D : Above 2650, do nothing.

Plan E : Below 2570, 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