Hang Seng had a wild run yesterday with recorded high of 23948 and low of 23352. Overall market consolidated with wide intraday movement since end of October, a trend is yet to be seen.

Plan A : Overnight seller hold on to position. Resistance is looking at 23650. Target is 23041.

Plan B : Intraday investor may sell if resistance at 23556 is not breached. Target is 23217. Place a stop.

Plan C : Buyer may buy if market could support above 23556. Target is 24046.

Plan D : Above 23700, do nothing.

Plan E : Below 23400, do nothing.

FKLI

Market opened low and rebounded to 1770.5 while regional markets are rebounding after experiencing losses yesterday.

Plan A : Overnight seller hold on to position. Resistance is looking at 1772. Target is 1749.

Plan B : Buyer may wait for market to stabilize before entering. Support 1660.5 need to be firm. Target is 1782 and 1799.

Plan C : Above 1780, do nothing.

Plan D : Below 1760, do nothing.

FCPO

FCPO had a tremendous rally after the gap down during the opening. Dalian and overnight soybean oil markets' gain might cause the market to open slightly higher.

Plan A : Overnight seller exited yesterday as resistance at 2136 is breached. If you have not, please exit today.

Plan B : Buyer may buy if market could retrace and support above 2157 and 2143. Target is 2226.

Plan C : Intraday investor may range trade if market could not 2189. Range is 2189 to 2143.

Plan D : Above 2180, do nothing.

Plan E : Below 2140, do nothing.

*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