HSI Futures
U.S. stocks fell on Friday weighed by energy shares as crude prices continued to fall, while high-yielding utilities and telecom shares also sold off as Treasury yields jumped.
Hong Kong shares ended their worst week in six months on Friday, as investors locked in profits amid concerns that China's economy will remain sluggish and a U.S. interest rate rise may come sooner than expected. Asia stocks seen lower on Monday following weak Chinese data, but trading volumes will be light with Japan closed for a holiday.
Plan A : Above 24736, do nothing
Plan B : Below 24431, do nothing
Plan C : Attempt selling if market surge but fails to break above 24736
Plan D : Cut above 24837
Plan E : Consider buying if market stands firm above 24431 and triggers a buy
Plan F : Cut below 24431
FKLI
Market continued to head south with market closing near day's low level last Friday. Any rebound could be weak for the time being especially with regional markets following suit
Plan A : Attempt selling around 1855-1859 level
Plan B : Cut above 1861
Plan C : No buying to be attempted until market finds a bottom
FCPO
FCPO had a smooth run last week. Overnight soybean oil surged up to net change of USD1.05. Therefore, it is not surprised to see a gap up during opening.
Plan A : Overnight buyer could hold on to position. Support is looking at 2051. Target is looking at 2151 and 2248.
Plan B : Intraday investor could buy if market could support above 2084. Target is 2151.
Plan C : Above 2160, do nothing.
Plan D : Below 2040, 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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