HSI Futures
Strong gains in Facebook and Alphabet helped Wall Street cut losses and stage a late-day rally, with major indexes closing near the unchanged mark.
Hong Kong shares fell on Monday after an official survey showed China's factory activity shrank more than expected in January and by its fastest pace in nearly 3-1/2 years.
Plan A : Above 19571, do nothing
Plan B : Below 19384, do nothing
Plan C : Attempt selling if market stays below 19468
Plan D : Cut above 19571
Plan E : Consider intraday long if market stays firm above 19384 and triggers a buy
Plan F : Cut below 19384
FKLI
Market surged up fiercely before going into long weekend holiday last Friday. Market is expected to remain firm amid stronger RM against USD. Market may not trigger a bullish tone just yet but an improved sentiment could help market to at least hold firm till Chinese New Year.
Plan A : Attempt buying if market retrace and holds firm above 1648
Plan B : Cut below 1644
Plan C : Consider selling only if market surges towards 1692 level and fails to breach through
Plan D : Cut above 1695
FCPO
FCPO finally breakdown last Friday, finding it hard to rebound even there was an opportunity during the second session. Dalian and soybean oil are mixed while Ringgit stays at RM4.18 against the greenback, slightly weaken.
Plan A : Sell if market resisted around 2485. Targets are 2464 and 2450.
Plan B : Buy if market support above 2459. Targets are 2472 and 2485.
Plan C : Above 2485, no fresh position.
Plan D : Below 2459, 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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