HSI Futures

U.S. stock indexes dropped more than 1 percent on Friday after a mixed August jobs report did little to quell investor uncertainty about whether the Federal Reserve will increase interest rates this month. U.S. markets will reopen today after Labor Day celebration yesterday.

Financial shares led Chinese equities lower on Monday as tighter futures-trading rules and supportive comments by China's central bank governor failed to stem afternoon selling pressure on the first trading day since Wednesday.

Plan A : Above 20679, do nothing

Plan B : Below 20379, do nothing

Plan C : Attempt selling if market rebounds but fails to break above 20608

Plan D : Cut above 20679

Plan E : Consider buying only if market supports well above 20379 and triggers a buy

Plan F : Cut below 20520

FKLI

Market made an impressive recovery from an intraday low of 1538.5 to 1564.5 before eventually settled at 1559. Late sellers were caught by selling at too low levels and hence panic when market rebounded. Market sentiment has not been improved amid weaker RM. Any rebound should still be seen as an opportunity to sell

Plan A : Attempt selling if market stays below 1566

Plan B : Cut above 1572

Plan C : Intraday buying to be considered only if market test 1545.5 and rebound

Plan D : Cut below 1540

FCPO

FCPO had few days of wild run after the rally, however, correction stays minimal. Dalian and soybean oil are slightly up while Ringgit again slumped to RM4.36 against the greenback. 

Plan A : Overnight buyer hold on to position. Support is looking at 2048. Target are 2068 and 2075.

Plan B : Intraday investor may buy if market could 2048. Target are 2068 and 2075. For morning session only.

Plan C : Seller may sell if market could resist at 2075. Target are 2048 and 2037. Further instruction will be given later for subscribers. 

Plan D : Above 2080, do nothing.

Plan E : Below 2050, do nothing.


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