U.S. stocks ended higher on Friday, snapping three days of losses, as investors bet on a slower U.S. rate hikes, but gains were muted by increasingly aggressive exchanges between the United States and North Korea.
Hong Kong shares fell 2 percent on Friday, dragged down by a sell-off in internet-related shares and fears over the impact of rising tensions between the United States and North Korea.
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Plan B : Below 26777, do nothing
Plan C : Attempt selling if market rebounds but fails to breach above 27000
Plan D : Cut above 27100
Plan E : Consider buying if market stays firmly above 26777 and rebound
Plan F : Cut below 26777
FKLI
FKLI tumbled to a low of 1765.5 before settling at 1766.5 last Friday. Market is expected to open higher today after Friday's Dow came through unscathed. A temporary bottom could be formed if market stays trading above 1764 for now.
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Plan B : Cut above 1776
Plan C : Consider long only if market trades firmly above 1766
Plan D : Cut below 1764
FCPO
FCPO retraced on Friday with a weak opening, bottomed at 2623 before a super- charged boost to 2684. Dalian and soybean oil are weak this morning while Ringgit stays at RM4.28 against the greenback.
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Plan B : Sell only if market failed to support above 2663. Targets are 2643 and 2622.
Plan C : Above 2673, no fresh position.
Plan D : Below 2653, 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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