HSI Futures

U.S. stocks extended recent losses on Monday, with the S&P 500 falling for a third straight session as concern grew about the Federal Reserve's plans for withdrawing stimulus.

Hong Kong shares tumbled to five-month lows on Monday, as broad selloff in emerging markets escalated, taking a key benchmark further below a significant long-term technical level.

Plan A : Below 21850, do nothing

Plan B : Above 22192, do nothing

Plan C : Attempt selling if market rebounds close to 22192 but fails to breach through

Plan D : Cut above 22192

Plan E : Take profit around 21850 if it stubbornly holds above 21850

Plan F : Intraday buying can be considered if market holds firm above 21850 and trigger a buy on its 5 mins chart

Plan G : Cut below 21850

FKLI

Market was visibly weak yesterday but it still hold above 1771 for the close. Weak Ringgit could once again be the main concern again today as any rebound could be short-lived.

Plan A : Attempt selling around 1786-1789

Plan B : Cut above 1791

Plan C : Consider take profit around 1771-1775 if market stubbornly holds firm above it

Plan D : Intraday buying can be attempted only if market holds firm above 1771

Plan E : Cut below 1767

FCPO

Despite weakened ringgit, crude palm oil market gap down during the opening yesterday and continue to gradually move to the south. That eventually broken the uptrend channel and transforming the direction to a downtrend.

Plan A : If you are an overnight seller, may want to hold on to your position. Taking 2577 as your immediate resistance. Support looking at 2507 and 2486.

Plan B : Fresh player may try some sell if market rebounded near 2570.

Plan C : Buyer may want to avoid the market at this time.

Plan D : Overnight seller could further sell one more lot if 2547 is broken.

Plan E : Below 2520, do nothing.

Plan F : Above 2580, do nothing.

*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.