HSI Futures

The S&P 500 ended at another record high on Thursday, extending gains for a fifth day on investors' optimism that the Federal Reserve will keep interest rates low for a long period of time.

Hong Kong shares fell for the fourth consecutive day on Thursday, tracking steep losses in the China A-share markets where a resumption of initial public offerings is diverting funds away from already-listed stocks.

Plan A : Above 23350, do nothing

Plan B : Below 23094, do nothing

Plan C : Attempt selling if market gaps up but fails to break above 23350

Plan D : Cut above 23464

Plan E : Consider buying if market triggers a buy after holding firm above 23094

Plan F : Cut below 23094

FKLI

Market hold firm above 1874 and attempted to rally but still failed to break above 1886 yesterday. Market must continue to hold firm in order to have any chance of surpassing 1886 in the coming days.

Plan A : Attempt buying around 1874-1876

Plan B : Cut below 1872

Plan C : Consider intraday sell if market opens higher but fails to break above 1886

Plan D : Cut above 1892

FCPO

FCPO has a smooth ride in the morning, however, selling pressure was exerted to the market during the second session especially during the last 5 minutes before closing. This might be due to the exit of the buyer and finally trigger the stop order to the low of 2440. 

Plan A : Overnight buyer may hold on to position, taking support at 2419. Target is looking at 2540.

Plan B : Fresh buyer may buy if support at 2438 is supported. Intraday target is projected at 2496. Place a stop.

Plan C : Seller may have a chance if market could not breach resistance at 2469. Breaking defense at 2419 will literally favour seller. Target projection is 2400 and 2312. Place a stop.

Plan D : Above 2480, do nothing.

Plan E : Below 2400, 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