HSI Futures

U.S. stocks edged lower on Wednesday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector in the latter stages of trading.

China stocks tumbled in afternoon trade on Wednesday, despite surprisingly positive official economic data, as a recent post-rout, government-triggered rebound appeared to be running out of steam.

Plan A : Above 25240, do nothing

Plan B : Below 24828, do nothing

Plan C : Consider selling if market fails to break above 25240 and retrace

Plan D : Cut above 25284

Plan E : Attempt buying if market holds firm above 25022

Plan F : Cut below 24828

FKLI

Market continued its good run with market closing at day's high level yesterday. Market will only trade for first session today before going on a long Raya weekend holiday. Quiet market can be expected to trading range expected to be within the range of 1720-1735.

Plan A : Attempt buying around 1720 level

Plan B : Cut below 1715

Plan C : Consider intraday sell if market touch 1735 but fails to break through

Plan D : Cut above 1740

FCPO

FCPO regained the losses made in the second session, settling at 2196. Dalian and overnight soybean oil are weak today while Ringgit remains at RM3.80 against the greenback. Just a reminder for intraday player, today is a half day trading market. 

Plan A : Overnight seller hold on to position. Resistance is looking at 2203. Target is 2164 and 2077.

Plan B : Intraday investor or seller may sell if market could rebound and resist at 2194 or 2181. Target is 2164, 2150 and 2132.

Plan C : Buyer stay out of market.

Plan D : Above 2200, do nothing.

Plan E : Below 2160, 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.