HSI Futures
U.S. stocks ended down on Thursday, retreating from intraday records for the S&P and Dow, as a decline in energy shares sapped an earlier rally following the European Central Bank's new stimulus measures.
Hong Kong's benchmark index on Thursday slipped from its highest since May 2008, while the index of major China companies listed in the offshore market advanced to a near 9-month high.
Holding long
Plan A : 24983-25436, do nothing
Plan B : Below 24983, liquidate
Plan C : Above 25436, consider taking profits
Plan D : Consider intraday sell if market fails to break above 25436
Plan E : Cut above 25683
FKLI
Market tried finding a bottom at 1852 yesterday and succeeded. Market must at least hold firm above 1855 today and at the same time try breaching above 1865 if it were to return to positive mode.
Plan A : Attempt buying if market stays firm above 1855
Plan B : Cut below 1852
Plan C : Consider intraday sell if market fails to break above 1865
Plan D ; Cut above 1868
FCPO
FCPO is gradually showing its sign of recovery and recorded its highest rebound to 2033 yesterday. Therefore buyer might see some progress for an uptrend.
Plan A : Overnight buyer hold on to position. Support is looking at 1973 and 1993. Target price is 2091 and 2150. Long term buyer could continue to accumulate position if 1973 is not breached.
Plan B : Intraday investor might range trade at 2033 to 1993. Provided both support and resistance are not breached. Place a stop.
Plan C : Seller may stay out of market.
Plan D : Above 2050, do nothing.
Plan E : Below 1970, 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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