HSI Futures

U.S. stocks rose on Tuesday following back-to-back daily declines, with merger activity more than offsetting market concerns as Greece struggles to avoid a default on its debt.

Hong Kong stocks fell to their lowest in 10 weeks on Tuesday, with investor risk appetite curbed by political uncertainty ahead of this week's vote on electoral reform, Greek debt default worries and slumping mainland shares.

Plan A : Above 26495, do nothing

Plan B : Below 26207, do nothing

Plan C : Attempt selling if market rebounds but fails to break above 26466

Plan D : Cut above 26538

Plan E : Intraday long to be considered only if market stays resilient above 26207

Plan F : Cut below 26160

FKLI

Market survived an early scare before eventually closed at day's high level of 1714 yesterday. Sellers were seen taking profits after market supported well above 1700 level. Market could potentially recover further today but rebound could be short-lived if it fails to break and stay firm above 1719.5 today

Plan A : Attempt selling if market fails to break above 1719.5

Plan B : Cut above 1723.5

Plan C : Intraday long to be considered if market stays firm above 1707

Plan D : Cut below 1700

FCPO

FCPO rebounded yesterday to high of 2297 after forming a layer of support at 2260 level. Dalian and soybean oil are slightly up while Ringgit strengthen slightly to RM 3.73 against the greenback.

Plan A : Overnight seller exited position yesterday as resistance is breached. If you have not, resistance is 2308. Target is 2272 and 2245. Exit if breach resistance.

Plan B : Intraday investor or short term seller may sell if market could not break 2297 or 2308. Target is 2272 and 2261.

Plan C : Buyer may stay out unless market could support above 2272. Target is 2325. 

Plan D : Above 2310, do nothing.

Plan E : Below 2260, do nothing.