HSI Futures

Wall Street stocks closed lower on Friday in heavy trading as the Federal Reserve's decision to keep interest rates near zero fueled concerns about the potential impact of continuing weak global growth on U.S. corporate earnings.

Hong Kong stocks rose on Friday after the U.S. Federal Reserve held off from raising interest rates, citing concerns about global economic weakness. Japan markets will close for three consecutive days starting from today due to various celebration holidays. 

Plan A : Above 22249, do nothing

Plan B : Below 21804, do nothing

Plan C : Attempt selling if market trades below 21920

Plan D : Cut above 22090

Plan E : Consider buying if market stays firm above 21950

Plan F : Cut below 21870

FKLI

Market is expected to open lower today not only because U.S. Dow was down 290-points last Friday but also launch of FBI investigation into allegations of money-laundering at Malaysia state fund 1MDB. Selling pressure could comes in especially if market trades below 1656 today. Failure to hold above this level for closing today would likely see a new downtrend for the market. 

Plan A : Attempt selling if market stays below 1656

Plan B : Cut above 1669

Plan C : No buying to be attempted for now unless market dived to 1603-level and rebounds

Plan D : Cut below 1595

FCPO

FCPO fell further though there was some hiccups in the earlier session on last Friday. Dalian and overnight soybean oil are quite weak while Ringgit stays at RM4.24 against the US Dollar. 

Plan A : Overnight seller hold on to position. Resistance is looking 2132. Targets are 2071, 2053 and 2035.

Plan B : Intraday investor or fresh seller may sell if market could rebound and resist at 2105. Targets are 2071 and 2053.

Plan C : Buyer may stay out.

Plan D : Above 2105, do nothing.

Plan E : Below 2070, do nothing.