HSI Futures

U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results.

Hong Kong shares finished lower on Wednesday, hit by afternoon session losses as investors took profit on recent outperformers and sold shares in companies with weak earnings.

Plan A : Above 25186, do nothing

Plan B : Below 24781, do nothing

Plan C : Consider selling if market gaps up but fails to break above 25186

Plan D : Cut above 25282

Plan E : Attempt buying if market supported above 24781 and triggers a buy again

Plan F : Cut below 24781

FKLI

Market made a very strong push to 1881.5 yesterday's morning before settling at 1876. Buying momentum kicked in amid stronger Ringgit. Market will remain firm as long as it stays above 1870

Plan A : Attempt buying if market stays firm above 1874

Plan B : Cut below 1869

Plan C : Consider intraday sell if market fails to break above 1882

Plan D : Cut above 1887.5

FCPO

FCPO had a strong rebound during the opening hour to high of 2052, however, the upside was not sustainable and it eventually slipped to low of 1973. Ringgit is holding firm at 3.14 against the greenback which limits the upside of the market. 

Plan A : Overnight seller may exit anytime, however, if you are still holding, resistance is 2020. Target is looking at 1947 and 1895.

Plan B : Fresh seller may stay out.

Plan C : Intraday investor could trade within range of 1947 to 1997.

Plan D : Buyer may wait to react. No trade for today.

Plan E : Above 2020, do nothing.

Plan F : Below 1940, 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