HSI Futures

U.S. stocks ended with slight gains on Tuesday, with the Nasdaq eking out another record close while investors continued to await clarity on whether Greece could reach a deal to prevent defaulting on its loans.

Hong Kong stocks tracked regional markets higher, inspired by renewed optimism over Greek debt talks, a sharp rebound in mainland shares and fresh data suggesting China's economy may be stabilizing. All attention will be on tonight's Euro group emergency meeting on Greece. 

Plan A : Above 27378, do nothing

Plan B : Below 26955, do nothing

Plan C : Consider intraday sell if market fails to break above 27378 and retrace

Plan D : Cut above 27416

Plan E : Attempt buying around 27167 if market retrace and hold firm

Plan F : Cut below 26955

FKLI

Market opened high yesterday but ended up closing at near day's low level after buyers taking profits on recent gains. Sentiment overall still bearish with market trading at a discount to cash market. Trading could be dicey today with market fighting to stay above 1719 level to avoid any further sell down.

Plan A : Attempt selling if market fails to hold above 1719

Plan B : Cut above 1727

Plan C : Intraday buying to be considered only if market holds firm and rebound from 1719

Plan D : Cut below 1715

FCPO

FCPO merely rebounded yesterday and it continued to move down South. Dalian and soybean oil are quite mixed while Ringgit remains weak at RM 3.75 against the US Dollar.

Plan A : Overnight seller hold on to position. Resistance is looking at 2246. Target is 2201, 2195 and 2184.

Plan B : Intraday investor and fresh buyer may buy if market could support above 2227. Target is 2260, 2274 and 2290. However, wait for market to consolidate before entering. Stay tune at our forum http://klse.i3investor.com/servlets/forum/901704783.jsp

Plan C : Fresh seller may stay out today.

Plan D : Above 2250, do nothing.

Plan E : Below 2220, do nothing.