HSI Futures
The S&P and Dow both posted their best day since March on Friday, with the market buoyed by news that Russia was ending military drills near the Ukrainian border, while investors overlooked U.S. air strikes in Iraq.
Hong Kong's benchmark share index had its first losing week in four, despite strength in Chinese energy companies on Friday due to higher oil prices. After a sharp sell off last week, traders will be looking at Japan GDP due to released on Tuesday while China's monthly data indicators will be due on Wednesday.
Plan A : Below 24109, do nothing
Plan B : Above 24478, do nothing
Plan C : Consider intraday buy if market holds above 24109 and rebounds
Plan D : Cut below 24109
Plan E : Attempt selling if market fails to break above 24478 and triggers a sell again
Plan F : Cut above 24478
FKLI
Market plunged heavily last Friday as investors rushed for the exit door. Market could stage a technical rebound today after gains from Friday's U.S. markets. Cautious trading would be advised as sellers could still comes in after a technical rebound.
Plan A : Attempt buying around 1839 level
Plan B : Cut below 1828
Plan C : Consider selling if market rebounds and fails to break above 1849
Plan D : Cut above 1855
FCPO
Market continued its consolidation in a slow downward manner. Market could open little changed today as buyers and sellers battling out among themselves.
Plan A : Attempt selling if market fails to breach above 2251-2254
Plan B : Cut above 2265
Plan C : Consider intraday buy only if market holds firm above 2205 and rebound
Plan D : Cut below 2180
*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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