HSI Futures

U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.

Hong Kong shares rose on Thursday, thanks to the strength of mainland stocks as investors plowed into blue chips, cheered by the progress of a trading plan that will soon make it much easier for foreigners to buy Shanghai stocks. China markets have been rising since mainland media reported on Monday that a Hong Kong and Shanghai cross-border trading programme was expected to launch in October.

Plan A : Above 24151, do nothing

Plan B : Below 23945, do nothing

Plan C : Consider selling if market gaps up but fails to break above 24151

Plan D : Cut above 24151

Plan E : Attempt buying after market corrected and holds firm above 23945 before triggering a buy again

Plan F : Cut below 23790

FKLI

Market stood firm and surged to close at day's high level yesterday. Market will have to stay firm above 1871.5 today in order to have a better chance of surviving from a downtrend coming back from long Hari Raya holiday next week.

Plan A : Attempt buying around 1872-1874

Plan B : Cut below 1871.5

Plan C : Consider selling if market fails to break above 1881.5

Plan D : Cut above 1883

FCPO

FCPO gap-up slightly during opening hour yesterday and retrace back to the low of 2261 which later ceiling at 2285. 

Plan A : Fresh seller stay out of market.

Plan B : Buyer may try some buying with support 2255. Profit target is 2321. Investor may hold on overnight if market could close above 2300. Near term target is 2379.

Plan C : Above 2330, do nothing.

Plan D : Below 2250, 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