HSI Futures

U.S. stocks fell on Thursday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed.

Hong Kong's main index rose to its highest close in nearly a month, lifted by tech heavyweight Tencent Holdings Ltd., which posted better-than-expected results and announced a share-split.

Holding a long

Plan A : 22367-22842, do nothing

Plan B : Below 22367, liquidate first

Plan C : Above 22842, consider taking profits first if it gaps up and start to retrace

Plan D : Consider turning sell only if market fails to break above 22584 and triggers a sell

Plan E : Cut above 22680

FKLI

Market showed some signs of tiredness after touching an intraday high of 1881 yesterday. Profit taking activities can be expected to kick in today especially after a 167-points fall from overnight Dow.

Holding a long

Plan A : 1872-1884, do nothing

Plan B : Temporary take profit if market breaks below 1872

Plan C : Above 1884, consider take profit if it can't sustain

Plan D : Consider intraday selling if market fails to break above 1884

Plan E : Cut above 1886

FCPO

FCPO depicts an up-channel formation and it touched to the high of 2630 yesterday. Today will be the first day of switch month. Prices may adjust itself due to the spread. However, the prices quoted below are for the new month. Therefore, do not worry about the adjustment. Competitive substituents are showing some red marks and FCPO price may open gap down during opening. 

Plan A : Overnight buyer may hold on to position. Support is looking at 2591. Profit target is 2666 and 2723. Investor may accumulate more position if 2604 is supported.

Plan B : Intraday investor may want to trade within range of 2604 and 2640.

Plan C : Above 2670, do nothing.

Plan D : Below 2590, 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