HSI Futures
U.S. stocks ended higher on Friday, lifting the S&P 500 to a fresh closing high, after a weaker-than-expected jobs report was taken as a sign that the Federal Reserve will not begin raising interest rates anytime soon.
Hong Kong shares finished slightly lower on Friday as investors locked in gains ahead of a new round of Chinese economic data and a market holiday early this week. China, Korea and Taiwan will be off today while Hong Kong's holiday will be tomorrow in conjunction with Mid-Autumn Festival.
Plan A : Above 25436, do nothing
Plan B : Below 24983, do nothing
Plan C : Consider buying if market stands firm above 25260
Plan D : Cut below 24998
Plan E : Attempt selling if market surges up but fails to break above 25436
Plan F : Cut above 25683
FKLI
Market tried going for another rebound last Friday but closing at negative after failing to break above 1865. Another attempt could be seen today with buyers hoping to see market breaching above 1865 and stays firm
Plan A : Attempt selling if market opens higher but fails to break above 1865
Plan B : Cut above 1868
Plan C : Consider buying only if market hold stubbornly above 1855
Plan D : Cut below 1852
FCPO
FCPO continue to move upwards forming an up-channel formation. China market is closed today and overnight soybean is up by 38 cents, therefore, market might open slightly higher during opening.
Plan A : Overnight buyer may hold on to position. Support is at 1998. Target is at 2150 and 2248. Investor might want to accumulate more buying if 2020 is supported.
Plan B : Intraday investor may buy if market could support above 2020. Target is 2091.
Plan C : Seller may stay out of market.
Plan D : Above 2060, do nothing.
Plan E : Below 1990, 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
Created by Futurescoin | Jan 23, 2024
Created by Futurescoin | Jan 22, 2024
Created by Futurescoin | Jan 19, 2024
Created by Futurescoin | Jan 18, 2024
Created by Futurescoin | Jan 16, 2024