HSI Futures
The S&P 500 and the Nasdaq closed slightly higher on Thursday in a choppy start to the fourth quarter as investors waited for the monthly U.S. jobs report and the quarterly earnings season.
Hong Kong stocks bounced sharply on Wednesday from the previous session's two-year lows, wrapping up a tumultuous quarter in which the benchmark Hang Seng Index plunged more than 20 percent.
Plan A : Above 21054, do nothing
Plan B : Below 20650, do nothing
Plan C : Attempt buying if market holds firm above 20770
Plan D : Cut below 20650
Plan E : Selling to be considered only if market gaps up but fails to break above 21054
Plan F : Cut above 21054
FKLI
Market made a steady climb up yesterday despite failing to break above 1623 to trigger a buy. Although market is still yet to decide on its next direction, buyers and sellers are both warned to be cautious as market could range between 1592-1623 before breaking out and start a clearer trend.
Plan A : Consider taking a long if market stays firm above 1614
Plan B : Cut below 1609
Plan C : Attempt selling if market once again test 1623 level but fails to break through
Plan D : Cut above 1628
FCPO
FCPO rebounded to 2445 following the sell-off to 2360. Market refuse to retrace below 2400 level in the afternoon and settled at 2414. Dalian remain closed for the day while soybean oil is slightly down. Ringgit weaken and stay at RM4.446 against the greenback.
Plan A : Intraday investor may buy if market could stay above 2416. Targets are 2464 and 2518. Do not jump in too early. Wait for market to run for half an hour.
Plan B : Intraday investor may sell if market resist at 2432. Targets are 2402 and 2388.
Plan C : Above 2450, do nothing.
Plan D : Below 2380, 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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