HSI Futures

U.S. stocks ended slightly higher following a choppy session Wednesday after the Federal Reserve said the U.S. economy is likely strong enough to withstand an interest rate hike later this year.

Hong Kong stocks on Wednesday recouped some of the previous two day's losses, led by rises in shares of Chinese banks on hopes for reform of their shareholding structures.

Plan A : Above 26663, do nothing

Plan B : Below 26287, do nothing

Plan C : Attempt selling if market trades below 26427

Plan D : Cut above 26663

Plan E : Consider intraday buying only if market rebounds from 26287

Plan F : Cut below 26207

FKLI

Market showing signs of recovery but just not enough to confirm a buy reversal yet. Market must at least breach and stay firm above 1724.5 if it were to convince buyers that market is out from the bear trend. Failure to do so will probably lure in more sellers instead.

Plan A : Attempt selling if market fails to break above 1724.5

Plan B : Cut above 1732

Plan C : Consider intraday buy if market retrace but holds firmly above 1712.5

Plan D : Cut below 1707

FCPO

FCPO breached above 2300-level yesterday but failed to hold firm towards the last 10 minutes. Buyers will face some pressure in today's opening as bean and dalian performed relatively weak today. However, do not get over bearish as market is still consolidating within the range. Market seems to be finding a bottom and yet overall signal still a sell. 

Plan A : Overnight bean buyer might want to do a temporary exit if market breaks below 2272

Plan B : Stay away from buying for now unless market holds firm above 2272 and rebound strongly

Plan C : Intraday selling can be considered if market rebounds but fails to break above 2295

Plan D : Cut above 2308