HSI Futures
U.S. stocks fell in a broad decline on Monday, with the S&P 500 suffering its biggest one-day drop in more than a month, as economic data indicated weakness across the globe and the holiday shopping season got off to a tepid start.
Hong Kong's benchmark share indexes suffered their worst-single day losses since February on Monday as weak manufacturing surveys added to worries about China's slowing economy. Focus will be on Japan's rating downgrade today.
Plan A : Above 23675, do nothing
Plan B : Below 23262, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23456
Plan D : Cut above 23675
Plan E : Consider intraday buy if market holds firmly above 23262 and rebounds
Plan F : Cut below 23146
FKLI
Market experienced a broad sell down yesterday with several support levels broken. Market will have to at least hold above 1762.5 to avoid any further selling.
Plan A : Wait for the rebound to attempt selling near 1792 level
Plan B : Cut above 1806
Plan C : Consider intraday buy if market holds firmly above 1762.5
Plan D : Cut below 1758
FCPO
FCPO continue to slide despite the weakening Ringgit. Dalian and soybean oil are trading weak for the morning session.
Plan A : Overnight seller hold on to position. Resistance is 2150. Target is 2045.
Plan B : Intraday investor may stay out today.
Plan C : Above 2150, do nothing.
Plan D : Below 2100, 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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