U.S. stocks jumped more than 2 percent on Friday as U.S. jobs data suggested the economy was strong enough to sustain a Federal Reserve rate hike this month.
Hong Kong shares dropped on Friday, tracking sluggish global markets, but main indexes were still up for the week.
Plan A : Above 22301, do nothing
Plan B : Below 22025, do nothing
Plan C : Attempt selling if market stays below 22216
Plan D : Cut above 22301
Plan E : Consider buying if market supports above 22025 and triggers a buy
Plan F : Cut below 22131
FKLI
Market could be dicey today after Friday's Dow gained 369-points. Although market is expected to open higher today but our market is known to be lack of momentum. Therefore, it will be important to watch whether market could breach and stay firm above 1674 or not.
Plan A : Attempt buying if market stays firm above 1663
Plan B : Cut below 1658
Plan C : Consider selling if market surges but fails to break above 1674
Plan D : Cut above 1681
FCPO
FCPO will be a tussle between bulls and bears today despite strong showing from bean and dalian because of strong Ringgit. Market look likely to open higher today but it must break above 2409 convincingly to confirm a rally.
Plan A : Attempt long if market holds firm above 2381
Plan B : Cut below 2368
Plan C : Consider intraday selling if market surges but fails to break above 2409
Plan D : Cut above 2422
*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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