HSI Futures
U.S. stocks fell on Tuesday, dropping in a broad selloff as a weak outlook from courier company UPS weighed on sentiment and pressured transportation stocks.
Hong Kong's benchmark index ended at its highest in more than 3-1/2 years on Tuesday, as gains accelerated in the afternoon with property developers strong ahead of interim earnings. A strings of economic data will be in focus today with Germany's CPI, US' GDP and US Federal Reserve's rate decision all due today.
Plan A : Above 24736, do nothing
Plan B : Below 24402, do nothing
Plan C : Attempt selling if market fails to break above 24736
Plan D : Cut above 24736
Plan E : Consider buying after market corrects and stays firm above 24402
Plan F : Cut below 24357
FKLI
Market will resume trading today after a long Hari Raya break. Market could play catch up today after regional market surged during Malaysia's off day.
Plan A : Attempt buying between 1873-1874
Plan B : Cut below 1871
Plan C : Consider selling only if market fails to break above 1881.5
Plan D : Cut above 1888
FCPO
FCPO consolidated last week with range tipping at high of 2294 and low of 2262. Market is not stable as yet but buyer could be more alert if market consolidated and formed a support.
Plan A : Fresh seller should stay out of market.
Plan B : Fresh buyer may stay out today and wait for market to consolidate. Buy only if market could support above 2264.
Plan C : Above 2300, do nothing.
Plan D : Below 2240, 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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