HSI Futures
U.S. stocks fell on Tuesday as energy and healthcare shares retreated, but the S&P 500 and Nasdaq registered their ninth straight quarterly advance.
Hong Kong shares finished higher on Tuesday following the Chinese central bank's decision to loosen some restrictions on real estate lending. China PMI will be released today with expectations for the final figure low after preliminary data released last week showed 11-month low on shrinking new orders.
Plan A : Above 25067, do nothing
Plan B : Below 24852, do nothing
Plan C : Consider selling if market fails to break above 25067 and retrace
Plan D : Cut above 25067
Plan E : Attempt buying if market consolidates and hold firm above 24852
Plan F : Cut below 24755
FKLI
Market showed lethargic-ness yesterday despite firmer RM. Investors were seen cashing out ahead of the implementation of GST starting today. Failure to hold above 1817.5 today might see market trending lower for the coming days.
Plan A : Attempt selling as long as it stays below 1826
Plan B : Cut above 1831
Plan C : Consider buying only if market holds firmly above 1817.5
Plan D : Cut below 1810
FCPO
FCPO hovered around the consolidation range with tiny trading opportunity. Consolidation is not a bad thing where it will soon lead to a trend. Therefore, investor head up for the trend in making. Dalian and soybean oil are slightly up and it could lead to a higher opening later.
Plan A : Seller or intraday investor may sell if market could not break 2188. Target is 2151.
Plan B : Buyer may stay out today unless market could support above 2178. Target is 2204 and 2218. Hold overnight if market could close above 2204.
Plan C : Above 2190, do nothing.
Plan D : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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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