HSI Futures

The S&P 500 ended nearly flat on Wednesday as equity indexes had a muted reaction to the minutes from the U.S. Federal Reserve's most recent meeting, while Micron's strong results helped boost the Nasdaq.

Hong Kong shares posted their biggest daily gain in more than seven weeks on Wednesday, with Daphne International leading strong gains for China-focused shoe retailers.

Plan A : Above 23055, do nothing
Plan B : Below 22757, do nothing
Plan C : Attempt sell if market moves down gradually and triggers a sell, probably around the 22830 level
Plan D : Cut above 22918
Plan E : Consider buying only if market holds firm above 22791 after a lower opening and triggers a buy
Plan F : Cut below 22781


FKLI

Malaysian market attracted some buying after second and third liners moved up. However, last minute profit taking prompted FKLI to settle at 1832.5.

Plan A : Attempt buying if market holds firmly above 1826
Plan B : Cut below 1821
Plan C : Take profit around 1840-1842
Plan D : Consider to turn sell if market attempt but fails to break above 1842
Plan E : Cut above 1842


FCPO

CPO market continue to move downwards yesterday and stay at selling signal.

Plan A : Avoid selling at this time as market has moved down quite a bit.
Plan B : Could try some buy when market stabilizes. Looking at the support at 2530, could try buying at 2540 to 2545, taking 10 to 15 points risk. Profit target looking at 2576 and 2599. May hold overnight if market supported above 2560.
Plan C : Market might go through consolidation today. Therefore intraday player may want to try some buy at the range of 2540 to 2576. Place a stop if market overshoot 2530.




*Disclaimer: This information is intended to assist professional investors. 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.