HSI Futures

U.S. stocks erased earlier gains to close lower on Wednesday as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen sold off following results, and energy stocks fell along with oil prices.

Hong Kong shares had its best daily gain since early September, underpinned by a rally in U.S. shares and optimism the Chinese government will roll out more stimulus to prop up growth. China's flash manufacturing PMI report for October will be released around 9.45 am this morning. 

Holding long

Plan A : 23043-23543, do nothing

Plan B : Below 23043, cut

Plan C : Above 23543, consider taking profits if market couldn't sustain

Plan D : Consider intraday sell if market fails to to break above 23405

Plan E : Cut above 23543

FKLI

Market moved within a tight range trading before going into Deepavali Holiday. Market will be deemed to be weak as long as it remains trading under 1798.5

Plan A : Attempt selling if market fails to break above 1798.5

Plan B : Cut above 1801

Plan C : Consider intraday buy if market retraces but holds firmly above 1786

Plan D : Cut below 1784

FCPO

Daily range tighten since beginning of the week which indicate market could lead to a trend soon either way. By looking at the chart, support at 2120 stay firm on Tuesday and Ringgit stay at RM3.26 against greenback, overall view lean more towards an uptrend. 

Plan A : Overnight buyer may hold on to position. Support is looking at 2120. Target is 2263.

Plan B : Fresh buyer may react if 2135 is supported. Buy around 2135 to 2140. Hold overnight if market could close above 2150. Intraday target is 2163.

Plan C : Seller stay out of market.

Plan D : Above 2170, do nothing.

Plan E : Below 2120, 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