HSI Futures
The Dow and S & P 500 ended Friday's session with slight moves, while the Nasdaq closed lower after Alibaba's strong debut was offset by such falling technology shares as Oracle and Yahoo.
Hong Kong shares had solid rises on Friday, after Alibaba Group's IPO-BABA.N red-hot initial public offering underpinned U.S. bourses, but they were still down for for the week. A slew of PMI data ranging from China to Europe will be released tomorrow in a day where Japan will be closed for Autumn Equinox holiday.
Plan A : Above 24431, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market gaps up but fails to break above 24431
Plan D : Cut above 24605
Plan E : Attempt buying if market holds firm above 24082 and rebounds
Plan F : Cut below 23986
FKLI
Market remained firm before closing the week positive last Friday. Market will need to stand firm above 1853 in order to have a real chance of rallying further
Holding a long
Plan A : 1841.5-1859.5, do nothing
Plan B : Below 1841.5, liquidate
Plan C : Above 1859.5, consider taking profits if market couldn't stand firm
Plan D : Intraday sell can be considered if market fails to break above 1859.5
Plan E : Cut above 1863
FCPO
FCPO ended weak at 2111 last Friday and with the negative impact from the Dalian and soybean oil market, with no surprise, market opened gap down at 2090.
Plan A : Overnight buyer should exit the market today as the support is breached.
Plan B : Seller could try to sell if market could rebound to resistance at 2124. Target is 2043.
Plan C : Above 2130, 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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