HSI Futures
U.S. stocks closed mostly lower on Friday after data showed the labor market experienced its first contraction in seven years. The Dow Jones industrial average fell 1.72 points to close at 22,773.67, with Chevron and Boeing contributing the most to the losses. The index also snapped a seven day winning streak.
The S&P 500 declined 0.1 percent to 2,549.33, with consumer staples and telecommunications leading decliners. The Nasdaq composite eked out a record high, rising 0.07 percent to 6590.18.
Hong Kong's benchmark stock index closed at its highest level in nearly 10 years on Friday, supported by Chinese automakers and banks. The Hang Seng index rose 0.3 percent to end at 28,458.04 points, its highest close since late 2007. The index rose 3.3 percent on the week, its biggest such gain in 12 weeks.
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Plan A : Above 28623, no fresh position
Plan B : Below 28317, no fresh position
Plan C : Attempt buying if market trades firmly above 28317
Plan D : Cut below 28267
Plan E : Consider selling if market failed to breach above 28623
Plan F : Cut above 28673
FKLI
FKLI rebounded progressively after bottoming at 1744.5 on the 2nd Oct. Buying interest started to develop over the past few days and it's crucial to see whether the market is able to surpass the resistances.
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Plan A : Hold buy if market trades firmly above 1759
Plan B : Cut below 1756
Plan C : Consider selling if market fails to breach above 1766
Plan D : Cut above 1769
FCPO
FCPO flattened on Friday with low at 2706 and high at 2732. Market settled almost day high after some buying interest slipped in, causing the seller to cover the position. Dalian resume trading today with a strong boost after a lengthy holiday and soybean oil is trading slightly positive. Ringgit stays at RM4.22 against the greenback.
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Plan A : Buy if market supported above 2734. Targets are 2774 and 2815.
Plan B : Sell only if market surged up and resisted around 2774. Targets are 2734 and 2700.
Plan C : Above 2774, no fresh position.
Plan D : Below 2734, 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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