HSI Futures

U.S. stocks fell on Monday, with some of the market's recent best performers like technology and biotech shares leading the way down. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favourites.

Shares in Hong Kong and China shares rose on Monday as a weak factory survey heightened expectations that Beijing will have to unveil stimulus measures soon to avert a sharper downturn in the world's second-largest economy. China's factory activity contacted for the third month in a row in March, falling to an eight-month low of 48.1 from February's final reading of 48.5.

Holding a long

Plan A : 21525-21999, do nothing

Plan B : Above 21999, consider taking profits first if it retraces after a higher opening

Plan C : Below 21525, liquidate

Plan D : Consider turning sell if market fails to hold firm above 21999

Plan E : Cut above 22049

FKLI

FKLI rallied despite weak ringgit versus U.S. dollar yesterday. Market might face some minor profit taking activities today but market will be supported overall.

Plan A : Consider buying around 1827-1830

Plan B : Cut below 1823

Plan C : Intraday selling can be attempted only if market test 1845 but fails to break through

Plan D : Cut above 1848

FCPO

Market rebounded to the high of 2756 and it began to slip in the mid of the second session yesterday. Support levels had been broken. Looks like crude palm oil prices might continue to undergo correct after a tremendous jump over the month. 

Plan A : Overnight seller hold on to position. Resistance looking at 2736  and profit target looking at 2653 and 2599.

Plan B : Intraday investor might sell around 2710's to 2700 taking 2719 as resistance. Profit target looking at 2653.

Plan C : Buyer might try some buying intraday if market gap down to 2660's during opening. Place a stop at 2650 in case if market overshot. Profit target looking at 2700.

Plan D : Above 2740, do nothing.

Plan E : Below 2640, 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