HSI Futures
U.S. stocks rose on Friday, with the Dow and the S&P 500 closing at records, after the May payrolls report provided the latest confirmation of improving economic conditions.
Hong Kong's main share index snapped a three-week winning streak on Friday, dragged down by China's state banks and a weaker Macau gaming sector.
Holding short
Plan A : 22630-23077, do nothing
Plan B : Above 23077, cut
Plan C : Below 22630, consider taking profits first if it gaps down and rebound
Plan D : Consider intraday buy only if market holds firm above 22735
Plan E : Cut below 22630
FKLI
Market moved within a 10-points range last Friday with buyers and sellers fighting it out to be the winner. Situation could be same today until there's a clearer picture on next market direction
Plan A : Attempt selling if market fails to break above 1873
Plan B : Cut above 1876.5
Plan C : Consider buying if market holds stubbornly above 1864
Plan D : Cut below 1858.5
FCPO
Market looked like found its temporary support level at 2394-2395 level after holding firm above it last Friday. With positive substituents today, FCPO could follow suit in a much anticipated technical rebound. Hot weather over the weekend has spurred another talk of El Nino coming along the way. Prices could stood firm if weather comes into play today
Plan A : Overnight buyers could hold on to their position as long as market stays above 2392 with profit targets at 2503 and 2533
Plan B : Intraday investors might want to look at range of 2405-2439
Plan C : Above 2439, do nothing
Plan D : Below 2392, 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
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