HSI Futures
U.S. stocks closed higher on Friday, with major indexes notching a fifth straight weekly advance after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy.
Hong Kong shares snapped a four-day losing streak on Friday as profit-taking pressure eased, but ended lower on the week despite the highly-touted launch of a landmark link between the Hong Kong and Shanghai exchanges. Asian markets however, is set to kick off the week higher, tracking on positive finish on Wall Street after a surprise rate cut in China last Friday. Japan markets are close for Labour Thanksgiving Day holiday.
Plan A : Above 23476, do nothing
Plan B : Below 23194, do nothing
Plan C : Attempt selling if market fails to break above 23476 and retrace
Plan D : Cut above 23642
Plan E : Consider buying if market holds firm above 23374
Plan F : Cut below 23194
FKLI
Market was seen weak last Friday but it still successfully close above 1809. It will be important for market to hold above 1809 to avoid any further sell down.
Plan A : Consider intraday buy if market holds firm above 1809
Plan B : Cut below 1802
Plan C : Attempt selling around 1817-1818
Plan D : Cut above 1822
FCPO
Market consolidated last friday and continue to trade sideway. Ringgit recovered at RM 3.34 against the greenback while Dalian and soybean oil is quite mixed in trading.
Plan A : Intraday investor continue to trade within range 2249 to 2215. Place a stop in case of market overshot.
Plan B : No long term trade yet.
Plan C : Above 2250, do nothing.
Plan D : Below 2210, 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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