HSI Futures

U.S. stocks ended sharply stronger on Thursday and the S&P 500 closed at a record high as investors worried less about interest rates and a weaker dollar offered the possibility of stronger sales for U.S. multinationals.

Hong Kong's benchmark share index ended slightly higher on Thursday after Tencent Holdings Ltd, China's biggest social network and online entertainment firm, posted higher-than-expected first-quarter revenues and earnings.

Plan A : Above 27382, do nothing

Plan B : Below 26938, do nothing

Plan C : Attempt selling if market stays below 27200

Plan D : Cut above 27276

Plan E : Consider buying if market holds above 26938 and triggers a buy

Plan F : Cut below 26938

FKLI

Market repeated its previous day's performance and made a eleventh hour surge. There seems to be some buying supports for the past few days. As mentioned in yesterday's post, it will be important for market to hold and close above 1800 level this week. Successful breach and strong performance above 1810 would confirm a reversal in the making.

Plan A : Attempt long if market holds firm above 1800 today

Plan B : Cut below 1795

Plan C : Selling to be considered only if market fails to hold above 1800

Plan D : Cut above 1808

FCPO

FCPO retraced to low of 2171 and eventually settled higher at 2206 at the eleventh hour. Dalian and soybean oil are positively stronger while Ringgit is RM 3.57 against the greenback. Last trading day today, please proceed for August month trading.

Plan A : Overnight seller may hold on to position if market could not break 2212. Target is 2150 and 2102.

Plan B : Fresh seller may sell if market could rebound and resist at 2212. Target is 2150.

Plan C : If market gap up above 2230 during the opening hour, intraday investor may sell if market does not continue to move up after opening. Target is 2192. 

Plan D : Buyer may consider to buy only if market start to settle and supported above 2192 and 2202. 

Plan E : Below 2180, do nothing.

Plan F : Above 2130, do nothing despite opening gap-up.

P/S : Today it could be a decisive day for FCPO. Stay tune at http://klse.i3investor.com/servlets/forum/901704783.jsp for the direction. Sorry that we have to give priority to our clients first if we delay in giving the tips. To be our client, do contact us through futures.coin@gmail.com   

*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.