HSI Futures

U.S. stocks rose on Friday, driving the Dow and the S&P 500 to close at record highs as the shares of 330 companies hit 52-week highs on the New York Stock Exchange.

Hong Kong shares snapped a four-day losing steak, as the beaten-down Macau gambling sector rebounded, but still suffered a loss for the week. Focus today will be on HSBC China manufacturing PMI data due to release at 9.45 this morning. 

Plan A : Above 23350, do nothing

Plan B : Below 23094, do nothing

Plan C : Consider selling if market gaps up but fails to break above 23279

Plan D : Cut above 23350

Plan E : Attempt buying if market holds firm above 23094 and triggers a buy again

Plan F : Cut below 23094

FKLI

Market could have found its footing despite not able to break above 1886 just yet. The breakthrough could finally comes if market holds firmly above 1880 today

Plan A : Attempt long between 1878-1880

Plan B : Cut below 1875

Plan C : Avoid selling for the time being unless situation changes

FCPO

FCPO was tumbling in the event of selling pressure exerted to the market after a slight upwards commotion. Market ceiling at 2474 last friday and it started to fall from the high to the low of 2434. Today, it might be another brand new scenario that market might gap up in the morning as regional competitive substituents was doing quite well.

Plan A : Overnight buyer could hold on to position. Support is looking at 2419. Target projection is at 2549.

Plan B : Fresh seller may execute trade if 2477 is not breached. Target is looking at 2419 and 2400. Place a stop.

Plan C : Fresh buyer may wait for market to stabilize before entering. Not advisable to enter today unless 2438 become a firm support.

Plan D : Above 2480, do nothing.

Plan E : Below 2410, 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