HSI Futures

U.S. stocks ended with modest gains on Monday, recovering part of last week's losses in a session marked by cautious trading as investors reacted to mixed economic data.

China stocks jumped nearly 5 percent on Monday, regaining most of the ground lost in Thursday's sell-off, as investors sitting on growing piles of cash took advantage of that tumble to swoop on shares as a chorus of official media commentary asserted the bull market is not over yet.

Plan A : Above 27624, do nothing

Plan B : Below 27045, do nothing

Plan C : Attempt selling if market rebounds but fails to break above 27402 and retrace

Plan D : Cut above 27551

Plan E : Consider buying if market trades firmly above 27309

Plan F : Cut below 27200

FKLI

Market continued its slump into the new month as Ringgit continue to weaken. No buying should be attempted at the moment as every rebounds are seen to be opportunity to sell. Do not catch a falling knife as any fall below 1719.5 would spell another disaster to the buyers.

Plan A : Attempt selling if market rebounds but fails to break above 1738

Plan B : Cut above 1745

Plan C : No buying to be attempted

FCPO

FCPO skyrocketed again this morning continuing the booming effort yesterday. Dalian and soybean oil are quite mixed today despite the strong overnight soybean oil. Ringgit further weakened to RM 3.70 against the greenback. Though market is on its uptrend, investor need to be cautious with the fresh buying position. Market might consolidate after two days of gap-up commotion. 

Plan A : Overnight buyer hold on to position. Support is looking at 2280. Target is 2365 and 2400.

Plan B : Intraday investor may buy if market could support above 2322. Target is 2365.

Plan C : Seller may sell if market could not breach 2365. Target is 2329 and 2308.

Plan D : Above 2370, do nothing.

Plan E : Below 2320, do nothing.     


*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.