HSI Futures

U.S. stocks ended little changed on Thursday in a choppy session ahead of Friday's payrolls report, which may provide insights to whether the Federal Reserve will announce another cut in quantitative easing at its meeting this month.

Offshore Chinese shares listed in Hong Kong closed at their lowest in more than four months on Thursday, with Great Wall Motor leading a slide in the automobile sector after the company announced a conservative 2014 sales target.

Holding a sell
Plan A : 22576-22932, do nothing
Plan B : Above 22932, cut
Plan C : Below 22576, consider taking profit first if it refuses to fall further
Plan D : Reinstate when it gets closer to the resistance line
Plan E : Buying can only be considered if market stubbornly hold above 22602
Plan F : Cut below 22590


FKLI 

FKLI made some last minute recovery yesterday but still remain in a sell mode overall. Market is expected to trade in a tight range today with some slight downward bias.

Plan A : Attempt selling around the 1830-1832 level
Plan B : Cut above 1842
Plan C : Only consider buying if market holds firm above 1814
Plan D : Take profit intraday around 1827
Plan E : Cut below 1814


FCPO

Yesterday FCPO market was stabilized after a great panic of seller. The long downhill ride might be taking a breather at this moment, therefore, we might see some bright light today.

Plan A : If you have held on to a buying yesterday around 2530's to 2540's, you may continue with the position. Taking risk to 2530. Profit target looking at 2567 first level and 2592 at second level.
Plan B : Above 2560, do nothing
Plan C : Below 2520, do nothing
Plan D : Intraday player may try to buy if market open around 2540's level by adjusting your risk to 10 to 15 points, taking 2530 as support. Do place a stop below 2530. Target profit looking at 2567 and 2592.
Plan E : Market might also range today, therefore, intraday seller could attempt sell if 2592 come near and does not break. However, do place a stop at above 2602. Target looking at 2567.


*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.