HSI Futures
U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.
Hong Kong shares slipped on Wednesday as some investors cashed in recent gains after the benchmark index the previous day reached its highest close since Jan. 2.
Plan A : Above 23265, do nothing
Plan B : Below 22995, do nothing
Plan C : Consider selling if market fails to break above 23144 and triggers a sell again
Plan D : Cut above 23265
Plan E : Consider buying only if market stubbornly holds above 22995 and triggers a buy again
Plan F : Cut below 22995
FKLI
Market closed unchanged in a day where trading range was tight with low volume traded. Market might open lower today, taking cue from overnight Dow but losses could be limited if market could hold firm above 1874
Plan A : Attempt buying between 1872-1874
Plan B : Cut below 1868
Plan C : Consider intraday sell if market fails to break above 1882
Plan D : Cut above 1886
FCPO
After a long consolidation, market continue to trade at sell signal and visited to the low of 2364. Today investor might not be surprised to see market opens gap down affected by the negative impact from the regional competitive substituents.
Plan A : Overnight seller may hold on to position, taking resistance at 2386. Profit target is looking at 2271.
Plan B : Fresh seller could sell at rebound if resistance at 2379 is not breached. Profit target is looking at 2330.
Plan C : Buyer may want to stay out of market.
Plan D : Above 2400 , do nothing.
Plan E : Below 2330, 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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