U.S stocks ended slightly up on Thursday, losing back the tremendous gain in the earlier market as China and Greece issue weighed. Dow closed about 30 points higher while S&P 500 closed up 4 points and Nasdaq up 12 points.

Shanghai Composite Index shot up to 5.8% higher with the new supportive measures, including restrictions on short selling and loosening of margin lending regulations.

Plan A : Buyer may buy if market could support firm above 23928. Target is 24818 and 25143.

Plan B : Seller may sell if market could not hold above 24818. Target is 24091 and 23928.

Plan C : Above 24800, do nothing.

Plan D : Below 24000, do nothing.   

FKLI

FKLI opened at 1696.5 and stay above 1700 before cash market opening. Market rebounded fiercely yesterday regaining the recent losses.

Plan A : Intraday investor may consider to buy if market could support above 1701. Target is 1715.

Plan B : Fresh seller may sell if market could rebound and resist at 1715 or 1722. Target is 1708, 1695. 

Plan C : Above 1715, do nothing.

Plan D : Below 1701, do nothing.    

FCPO

FCPO slowly supported up yesterday towards the closing. Dalian limit up this morning while overnight soybean oil up US$0.67 cents which may lead to a gap up in our market during the early session. Ringgit strengthen to RM 3.78 against the greenback.

Plan A : Overnight seller exited position yesterday as resistance breached. If you have not, resistance is looking at 2209 and 2234. Exit if market could hold above 2200.

Plan B : Fresh seller may sell if market could rebound and resist at 2209. Target is 2150 and 2141. Hold overnight if market could close below 2183.

Plan C : Above 2210, do nothing.

Plan D : Below 2150, 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.