Stocks fell broadly on Wall Street on Tuesday, with indexes extending their declines after a delay in a healthcare bill vote in the U.S. Senate raised fresh questions about the timeline of President Trump's domestic agenda.
Hong Kong stocks dipped on Tuesday, as any optimism from solid China industrial profit data was offset by the sour mood from a tumble in the growth enterprise market (GEM) for start-ups due to worries over potential policy changes.
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Plan A : Above 25874, do nothing
Plan B : Below 25664, do nothing
Plan C : Attempt selling if market stays trading below 25744
Plan D : Cut above 25815
Plan E : Consider buying only if market trades resiliently above 25664
Plan F : Cut below 25664
FKLI
FKLI surged to close at day's high level of 1782 before going into long Hari Raya break last Friday. Market might open slightly lower today after overnight Dow lost 98-points. Support at 1777-1778 however, should be monitored closely to determine where market wants to head next.
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Plan A : Attempt buying if market holds firm above 1777
Plan B : Cut below 1773
Plan C : Consider selling if market surges but fails to breach above 1785
Plan D : Cut above 1788
FCPO
FCPO remained trading in a lackluster way, failing to make any headway. FCPO could open slightly higher today after bean and dalian gained a bit during our absence. However, any surge could be temporal for now unless market could close firmly above 2458.
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Plan A : Buy if market supported firmly above 2444. Targets are 2458, 2471 and 2487.
Plan B : Sell if market rebounded and resisted around 2458. Targets are 2444, 2437 and 2427.
Plan C : Above 2471, no fresh position
Plan D : Below 2437, 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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