HSI Futures

The Dow and S&P 500 ended slightly lower on Wednesday, breaking their five-day streak of record closing highs as energy and utility shares lost ground, while the Nasdaq climbed.

Hong Kong shares rose on Wednesday, lifted by Chinese financials after the city's central bank scrapped the daily yuan conversion limit for local residents ahead of the launch of a landmark scheme linking Hong Kong's stock market with Shanghai's. Market is expected to open mixed today, following a lack of catalyst from overnight Wall Street and ahead of key economic data from China and Japan. 

Plan A : Above 24087, do nothing

Plan B : Below 23696, do nothing

Plan C : Consider selling if market fails to break above 24007

Plan D : Cut above 24199

Plan E : Attempt buying if market stays firm above 23696 and triggers a buy

Plan F : Cut below 23696

FKLI

Market finally crumbled under pressure yesterday, closing at near day's low level of 1809. Undertone of the market were dampened and hence any technical rebound could be mild today.

Holding short

Plan A : 1793-1823, do nothing

Plan B: Above 1823, cover position

Plan C : Below 1793, consider taking temporary profits

Plan D : Buyers are advised to stay out for the time being

FCPO

FCPO retraced to low of 2257 yesterday towards the closing minute. With overnight soybean oil being weak in trading, market might open gap down.  

Plan A : Overnight buyer hold on to position unless support at 2243 is breached. Target is 2296 and 2373.

Plan B : Intraday investor may sell if market could rebound and resisted at 2269. Target is 2225. Do not sell too far from resistance. Place a stop. Hold overnight if market close below 2220.

Plan C : Above 2270, do nothing.

Plan D : Below 2220, 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