HSI Futures
U.S. stocks ended higher on Tuesday, with the S&P 500 notching its best performance in a month after a news report shifted investor expectations for the Federal Reserve's policy statement Wednesday.
Hong Kong's benchmark index fell for an eighth session in a row on Tuesday, hurt by a tumble in mainland markets and continued weakness in Macau casinos. Trading began in the afternoon after Typhoon Kalmaegi forced cancellation of Hong Kong's morning session.
Plan A : Above 24431, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market rebounds but fails to break above 24324
Plan D : Cut above 24605
Plan E : Attempt buying if market supports well above 24151 and triggers a buy
Plan F : Cut below 24082
FKLI
Market continued its slump on Monday before going into Malaysia Day holiday yesterday. Although there was a recovery from its intraday low of 1826, market's sentiment look dampened. Any rebound could represent opportunities to sell as long as it stays below 1845.
Plan A : Attempt selling around 1841-1845 level
Plan B : Cut above 1850
Plan C : Consider intraday buy if market test another round of 1828 and rebounds
Plan D : Cut below 1823
FCPO
FCPO resume with its rally to the peak of 2124 on Monday and it eventually settled at 2101. Investor may need to take into account that today will be the switch month and there will be a slight gap up during opening. Ringgit is further weaken at 3.22 against greenback.
Plan A : Overnight buyer may hold on to position. Support is looking at 2084. Target is looking at 2248.
Plan B : Intraday investor may wait for market to consolidate before reacting. Support is looking at 2101. Target is 2151.
Plan C : Seller may stay out.
Plan D : Above 2160, do nothing.
Plan E : Below 2070, 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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