HSI Futures
European equities ended higher in thin trading on Monday, with Italian shares outperforming the regional market after voters endorsed Prime Minister Matteo Renzi's centre-left Democratic Party's reforms in European elections. In Germany, Chancellor Angela Merkel's conservatives won the most votes in the elections, helping the benchmark DAX index to climb to a new record high of 9,893.81 points.
Hong Kong shares finished flat on Monday, as weakness in energy counters offset strength in Chinese car makers.
Plan A : Above 23156, do nothing
Plan B : Below 22837, do nothing
Plan C : Attempt intraday selling if market fails to break above 23156 and triggers a sell
Plan D : Cut above 23156
Plan E : Consider buying only if market stubbornly holds above 22837 and triggers a buy again
Plan F : Cut below 22784
FKLI
Yesterday capped a sixth consecutive days of decline for FKLI. A technical rebound could come today if market manage to hold firm above 1862
Plan A : Attempt intraday buying if market holds firm above 1862 and rebounds
Plan B : Cut below 1857
Plan C : Try selling if market comes close to 1872 but couldn't breach through
Plan D : Cut above 1875
FCPO
FCPO triggered some sell signal yesterday morning and it visited to the low of 2483. However, it successfully rebounded to the high of 2512 during the second session, rendering the market to idle around mixed signal. Investor might want to sell at rebound as market seems to form the right shoulder for head and shoulder formation.
Plan A : Overnight buyer should have exited yesterday as support is broken. If you have not, it is advisable to exit by today.
Plan B : Intraday investor may sell at rebound. Resistance is looking at 2514 and profit target is looking at 2472. May hold overnight if market close below 2470.
Plan C : Above 2520, do nothing.
Plan D : Below 2470, do nothing.
Plan E : Buyer may stay out.
*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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