HSI Futures

The S&P 500 snapped a four-session winning streak on Wednesday to end just shy of a third straight record closing high. The benchmark index had gained for four straight sessions as investors' appetite for equities has been buoyed by supportive U.S. economic data recently and expectations of monetary easing by the European Central Bank. 

Hong Kong shares closed at their highest level in about 1-1/2 months on Wednesday, tracking gains in other Asian markets as upbeat U.S. economic data lifted sentiment.

June month contract

Plan A : Above 23079, do nothing

Plan B : Below 22758, do nothing

Plan C : Attempt buying if market stubbornly holds above 22758 and triggers a buy again

Plan D : Cut below 22758

Plan E : Consider selling if market gaps up but fails to break above 23079

Plan F : Cut above 23079

FKLI

Although market managed to find a support at 1862.5 and rebounded yesterday, market still fall short of breaking above 1872. Recovery could be halted today if market were to track overnight Dow. Range trading could likely happen once again today pending any surprises.

Plan A : Attempt a short if market rebounds but fails to break above 1872

Plan B : Cut above 1875

Plan C : Consider buying if market retrace but holds stubbornly above 1863

Plan D : Cut below 1857

FCPO

FCPO continue with its consolidation range and market closed at 2502 after the gap up in the second session. Market is still in the midst of consolidate mode before a trend.

Plan A : Trader could sell at rebound taking resistance at 2538. Profit target is 2483.

Plan B : Buyer could buy if market supports at 2483. Profit target is 2520.

Plan C : Above 2540, do nothing.

Plan D : Below 2470, 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