HSI Futures

The Dow and S&P 500 extended their run of record high closes for a fourth session on Monday, led by transportation and healthcare shares.

Hong Kong shares finished up on Monday after Chinese and Hong Kong regulators announced a formal start date to the Hong Kong-Shanghai stock connector pilot programme, but analysts said the rise was blunted by some profit-taking in comparison to mainland indexes.

Plan A : Above 24087, do nothing

Plan B : Below 23696, do nothing

Plan C : Consider selling if market fails to break above 23793

Plan D : Cut above 24087

Plan E : Attempt buying if market stays firm above 23696 and triggers a buy

Plan F : Cut below 23696

FKLI

Market seems resilient yesterday, holding above 1829 for most of the day. Market could try and find a bottom here if it remain trading above 1829 today.

Holding short

Plan A : 1809-1839, do nothing

Plan B : Above 1839, cover position

Plan C : Below 1809, consider taking profits first

Plan D : Attempt intraday buy if market supports firmly above 1829

Plan E : Cut below 1823

FCPO

FCPO has been trading weak since last week and yesterday seems to bottom at 2197 with slight buy signal at the end of the day. Ringgit continue to stay weak at RM3.33 against the greenback. Market has not depicted a clear direction yet at this point of time. Therefore, the market is more suitable for short term player. 

Plan A : Intraday investor could try some selling in the morning if market could not break 2243 and 2269. Target is 2217 and 2209.

Plan B : Buyer may wait if market could stabilize at support 2217. Target is 2269 and 2294. Hold overnight if market could close above 2243.

Plan C : Above 2250, do nothing.

Plan D : Below 2200, 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