HSI Futures
A late rebound in energy and biotech shares helped push the S&P 500 to a second straight day of gains on Tuesday, while Apple and other technology shares also boosted the market.
Hong Kong shares finished down on Tuesday as technology and financial shares weighed, and following a sharp rise in Hong Kong short-term borrowing costs over the last two days.
Plan A : Above 20024, do nothing
Plan B : Below 19650, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 20024
Plan D : Cut above 20138
Plan E : Consider intraday buy if market holds firm above 19883 and stays resilient
Plan F : Cut below 19834
FKLI
Market successfully holds above its support level of 1628 before rebounding. Market could potentially found a temporary support especially if market were to hold firm above 1638 today.
Plan A : Attempt intraday buy if market holds firm above 1638
Plan B : Cut below 1635
Plan C : Consider selling if market surges but fails to break above 1648
Plan D : Cut above 1654
FCPO
FCPO flattened on Tuesday after triggering a sell trend on the previous day. Dalian and soybean oil are slightly down while Ringgit is hovering around RM4.37 to RM4.41 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2426. Targets are 2366, 2342 and 2298.
Plan B : Sell if market could rebound and resist at 2399. Targets are 2366, 2350 and 2342.
Plan C : Buy if market flat-out and support above 2382. Targets are 2399, 2412 and 2426.
Plan D : Above 2400, no fresh position.
Plan E : Below 2370, no fresh position.
*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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