HSI Futures

Wall Street racked up a solid week on Friday, with healthcare, technology and consumer stock making gains and investors looking beyond a widely-expected December interest rate hike.

Hong Kong shares rose on Friday, capping a volatile week with a solid rise as investors prepared for a U.S. interest rate hike likely next month. The Japanese market is closed today for Labor Thanksgiving Day.

Plan A : Above 22935, do nothing

Plan B : Below 22563, do nothing

Plan C : Consider intraday sell if market fails to break above 22848 and retrace

Plan D : Cut above 22935

Plan E : Wait for healthy correction before going long, possibly around 22563 level

Plan F : Cut below 22499

FKLI

Market consolidated within a tight 8-points range last Friday. Market was mostly flat despite Ringgit strengthening against USD last week. Cautious trading can be expected as investors are bracing for next month U.S. interest rate hike. 

Plan A : Attempt long if market holds firm above 1660.5

Plan B : Cut below 1654.5

Plan C : Consider selling if market surges but fails to break above 1670.5

Plan D : Cut above 1676.5

FCPO

FCPO flattened last Friday with minimum intraday range. Dalian and overnight soybean oil has strong upside while Ringgit nailed down to RM4.30 against the greenback.

Plan A : Overnight seller hold on to position unless resistance at 2328 is breached. Target is 2280, 2260 and 2156. 

Plan B : Sell if market rebound and resist at 2322. Targets are 2307 and 2290.

Plan C : Buy if market could support above 2307. Targets are 2322 and 2346. Wait for market to flat out before reacting.

Plan D : Above 2330, do nothing.

Plan E : Below 2290, 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.