HSI Futures
U.S. stocks rose on Monday on hopes that China will take further accommodative monetary policy action if needed, while merger deals kept traders focused even as volumes were below average.
Hong Kong shares rose sharply on Monday after China's central bank caught markets off-guard by cutting benchmark lending rates on Friday to shore up the cooling economy. On the economic front, focus will turn to BOJ's minutes from October 31 meeting and also Singapore's Q3 GDP due today.
Plan A : Above 23993, do nothing
Plan B : Below 23642, do nothing
Plan C : Consider intraday sell if market gaps up but fails to break above 23993
Plan D : Cut above 24075
Plan E : Consider buying if market corrects but holds firm above 23807
Plan F : Cut below 23642
FKLI
Market did a remarkable rally yesterday, squeezing a lot of sellers along the way. Market will likely to hold firm today even if there's any profit taking activities
Holding long
Plan A : 1826-1853.5, do nothing
Plan B : Below 1826, liquidate
Plan C : Above 1853.5, consider taking profits
Plan D : Consider intraday sell if market fails to break above 1842
Plan E : Cut above 1850
FCPO
FCPO tumbled to low of 2200 yesterday approaching the closing time which left the market with suspected down trend. Soybean oil and Dalian are quite mixed in trading.
Plan A : If you hold on to your sell position overnight, resistance is 2224. Target is 2165.
Plan B : Intraday investor might sell if market resisted at 2216. Target is 2193.
Plan C : Buyer stay out.
Plan D : Above 2230, do nothing.
Plan E : Below 2190, 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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