HSI Futures

U.S. stocks fell for a third day in a volatile session Tuesday, led by declines in consumer discretionary and technology shares, while another drop in the Russian rouble added to worries about the global economy.

Hong Kong shares finished down on Tuesday, ignoring a rally on mainland exchanges that saw the Shanghai Composite Index break back above 3,000, considered a key psychological resistance level.

Plan A : Above 22847, do nothing

Plan B : Below 22611, do nothing

Plan C : Attempt selling if market rebounds but fails to break above 22730

Plan D :Cut above 22992

Plan E : Consider intraday buy if market holds firm above 22611 and rebounds

Plan F : Cut below 22511

FKLI

Market continued its slump with cash market closing at day's low level yesterday. In the absence of good news, FKLI potentially could test the 1655.5 level anytime this week. Failure to hold above would further accelerate the selling pressure. 

Plan A : Wait for rebound to sell, possibly around 1682 level

Plan B : Cut above 1692

Plan C : Consider intraday buy only if market test 1655.5 and rebounds strongly

Plan D : Cut below 1639

FCPO

FCPO may extend losses today as Dalian and soybean oil markets are showing sign of weakness. Ringgit started to rebound against the greenback at RM 3.48.  

Plan A : Overnight seller hold on to position. Resistance is 2151.  Target is 2083 and 2056.

Plan B : Intraday investor may sell if market could rebound and resisted at 2131. Target is 2083.

Plan C : Buyer stay out of market.

Plan D : Above 2130, do nothing.

Plan E : Below 2100, 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