HSI Futures
Wall Street dropped sharply on Wednesday after the U.S. Federal Reserve frustrated stock investors hoping for a strong sign it might scale back future interest rate hikes because of recent financial and economic turmoil.
Hong Kong shares finished higher on Wednesday, bucking sliding onshore markets as bargain hunters sought attractively-priced shares.
Plan A : Above 19275, do nothing
Plan B : Below 18902, do nothing
Plan C : Attempt buying if market stays firm above 19017
Plan D : Cut below 18902
Plan E : Consider selling only if market fails to break above 19275 and retrace
Plan F : Cut above 19300
FKLI
Market look set for a lower opening today after overnight Dow lost 222-points. Market must not fall below 1622 today if it were to avoid being sell down. Failure to hold above 1622 will see market resume its downtrend once again.
Plan A : Attempt selling if market stays below 1630
Plan B : Cut above 1637
Plan C : Consider buying only if market holds resiliently above 1622
Plan D : Cut below 1618
FCPO
FCPO finally breakthrough the resistances and resume with the upwards formation. Dalian and soybean oil are slightly positive while Ringgit stays strong at RM4.24 against the greenback. Subscribe to us on the live trade signal. Ask us how at futures.coin@gmail.com
Plan A : Buy if market retraced and supported above 2486. Targets are 2535, 2566 and 2598.
Plan B : Sell if market rebound and resisted around 2566. Targets are 2538 and 2545.
Plan C : Below 2486, 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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