HSI Futures

U.S. stocks rebounded in afternoon trading on Wednesday to end little changed as energy shares and Apple bounced back, offsetting continued concerns about a slowdown in China.

Hong Kong stocks slid on Wednesday, following sluggish global and mainland markets, after China allowed its currency to depreciate sharply for a second day amid fresh signs that the economy is still struggling.

Plan A : Above 23911, do nothing

Plan B : Below 23607, do nothing

Plan C : Attempt selling if market rebounds but fails to break above 23911

Plan D : Cut above 24000

Plan E : Consider intraday long if market supports above 23607 and rebounds

Plan F : Cut below 23607

FKLI

Despite a somewhat heavy sell down yesterday, market managed to hold above its immediate support level of 1593. Market could be tricky today after overnight Dow overturned a heavy losses to close unchanged. A long overdue technical rebound could comes in today but many levels will act as resistance to cap any strong gains.

Plan A : Attempt selling if market rebounds but fails to break above 1619

Plan B : Cut above 1626

Plan C : Intraday buying to be considered only if market tests 1593 once again and rebounds

Plan D : Cut below 1588

FCPO

FCPO gradually descending on Wednesday until some selling pressure came in at the eleventh hour. Dalian and overnight soybean oil are weak while Ringgit stays at RM 3.98 against the greenback. Market may continue to go down South, therefore

Plan A : Overnight seller hold on to position. Resistance is looking at 2014. Target is 1965, 1936 and 1909. 

Plan B : Intraday investor and fresh seller may sell if market could rebound and resist at 2005. Target is 1965 and 1936. There will be a new resistance after market open, ask us how at futures.coin@gmail.com

Plan C : Buyer may stay out today.

Plan D : Above 2010, do nothing.

Plan E : Below 1980, do nothing.