U.S. stocks rallied on Wednesday after the Federal Reserve suggested a less aggressive timeline for raising interest rates even as it opened the door for the first hike in almost a decade.
Hong Kong's Hang Seng Index rose nearly 1 percent to close at one-week high on Wednesday, following bullish mainland markets, but investors remain wary of prospects for tighter liquidity when U.S. interest rates eventually increase.
Plan A : Above 24252, do nothing
Plan B : Below 24042, do nothing
Plan C : Consider selling if market couldn't break above 24252 and retrace
Plan D : Cut above 24297
Plan E : Attempt buying if market holds firmly above 24117
Plan F : Cut below 24042
FKLI
Market convincingly break and stay firm above 1787.5 yesterday. Signal officially turned buying as it closed at 1795.5. Sellers should not be stubborn for now as market could rally further if it shows another solid performance today.
Plan A : Attempt buying if it holds firm above 1790
Plan B : Cut below 1785
Plan C : Intraday selling can only be considered if market were to surge to 1817.5 but fails to breach through
Plan D : Cut above 1826.5
FCPO
Market rallied fiercely in the afternoon session yesterday and could continue today amid stronger bean and Dalian. Short sellers would have to be extra cautious today as successful hold above 2200 would potentially push market to another new height.
Plan A : Attempt selling if market gap up too much, possibly around 2233 level
Plan B : Cut above 2244
Plan C : Consider buying if market retrace but holds firm above 2184
Plan D : Cut below 2171
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