HSI Futures

U.S. stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares helped offset some disappointing earnings and lingering questions over U.S. monetary policy.

Hong Kong shares fell on Thursday, dragged down by weakness in regional markets, especially losses on the mainland, and as investors braced for an imminent rise in U.S. interest rates. Japan will release a raft of monthly indicators on Friday which includes inflation, factory output, trade, jobs and household spending.

Plan A : Above 24816, do nothing

Plan B : Below 24487, do nothing

Plan C : Attempt selling if market fails to breach above 24691

Plan D : Cut above 24816

Plan E : Consider intraday buy if market holds above 24589 and rebounds

Plan F : Cut below 24487

FKLI

Market tumbled yesterday in a massive sell off throughout the day. Market however, should be firmer today before going into long weekend holiday amid stronger regional markets.

Plan A : Attempt long if market holds firm above 1773

Plan B : Cut below 1768

Plan C : Consider intraday sell if market rebounds but fails to break above 1786

Plan D :Cut above 1794

FCPO

FCPO slumped terribly yesterday to low of 2128 at the eleventh hour. History may repeat despite weaker Ringgit as overnight soybean oil and Dalian markets continue to plunge significantly. 

Plan A : Overnight seller hold on to position. Resistance is 2157. Target is 2021.

Plan B : Intraday investor may sell if market could rebound and resisted at 2157. Target is 2103 and 2083.

Plan C : Buyer stay out.

Plan D : Above 2160, 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