HSI Futures

Energy stocks pushed Wall Street higher on Wednesday due to an almost 6-percent jump in oil prices, but many investors stayed on the sidelines a day ahead of the U.S. Federal Reserve's decision on interest rates.

China stocks posted their biggest gains in three weeks on Wednesday, helped by a spike in late trade, a phenomenon which many traders believe is a sign of government intervention to push up prices before the closing bell. All eyes will be on tonight's FOMC's decision where U.S. could raise short-term interest rate for the first time in nine years.

Plan A : Above 22157, do nothing

Plan B : Below 21748, do nothing

Plan C : Consider selling if market gaps up but fails to break above 22157

Plan D : Cut above 22200

Plan E : Attempt buying if market corrects but holds firm above 21749

Plan F : Cut below 21616

FKLI

Market continued to trade higher despite fear of Wednesday's rally. A rather peaceful rally coupled with stronger RM and higher crude oil prices could provide a better catalyst for market to open higher today. Market is deemed to be firm as long as it stays strong above 1633-level.

Plan A : Attempt buying if market opens not far from 1633

Plan B : Cut below 1633

Plan C : Consider selling only if market surges but fails to breach above 1662.5

Plan D : Cut above 1667

FCPO

FCPO gap-up to 2207 on Tuesday and it gradually stepped down 'till the closing bell. Dalian and soybean oil are mixed today while RM had drastic turn around at RM4.24 against the US Dollar. Today is the first day of switch month, investor please take note.

Plan A : Overnight seller hold on to position. Resistance is looking at 2195. Target is 2139 and 2105.

Plan B : Intraday investor and fresh seller may sell if market resist at 2186. Target is 2166 and 2139.  

Plan C : Buyer stay out of market.

Plan D : Above 2200, do nothing.

Plan E : Below 2130, do nothing.