HSI Futures

U.S. stocks ended lower on Thursday, continuing a recent streak of weakness as Russia's surprisingly harsh retaliatory measures in response to Western sanctions raised concerns about global growth.

Hong Kong shares finished near two-week lows on Thursday, weighed down by an under performing Macau gambling sector which was hurt by disappointing July revenue.

Holding a long
Plan A : 24274-24736, do nothing

Plan B : Above 24736, take profits

Plan C : Below 24274, cut

Plan D : Consider turning sell if market once again fails to break above 24478

Plan E : Cut above 24736

FKLI

Market is expected to face further selling pressure today after fall in overnight Dow. Any recovery would be mild as sentiments are expected to be dampened after consecutive days of selling

Plan A : Attempt selling around 1866-1868

Plan B : Cut above 1871.5

Plan C : Consider intraday buying only if market holds firm above 1855

Plan D : Cut below 1852

FCPO

Market consolidation range starts to narrow from yesterday trading. This could be a sign of market coming to a trend any time soon. Ringgit continue to weaken at 3.22 against the green back. Therefore, this might limit the downside of the market.  

Plan A : Seller is advisable to stay out.

Plan B : Buyer could try some buying if 2246 is supported. Target is projecting at 2349 and 2404. 

Plan C : Above 2280, 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