HSI Futures

U.S. stocks ended higher on Monday, rebounding from losses late last week with help from Apple and financial shares, but a drop in biotech shares limited the advance.

Hong Kong stocks sagged on Monday, weighed down by broad weakness in markets amid lingering worries about global economic growth. Japan remains close for National Day holiday today.

Plan A : Above 21805, do nothing

Plan B : Below 21525, do nothing

Plan C : Attempt selling if market stays below 21675

Plan D : Cut above 21750

Plan E : Consider buying only if market holds firm above 21525 and triggers a buy

Plan F : Cut below 21680

FKLI

Eager sellers were seen pressuring the market down from yesterday's opening till the end but support level at 1620s seen to be intact for the time being. Support and resistance levels stood at 1623 and 1646 respectively. Market look likely to consolidate within this range for today's trade. Only a convincing breakout from this range would see clearer picture on next market direction.

Plan A : Consider selling if market rebounds but fails to break above 1646

Plan B : Cut above 1654

Plan C : Attempt buying if market remains firm above 1628-1630

Plan D : Cut below 1623

FCPO

FCPO's opening on Monday caught investor with surprise as the price opened far from expectation, disregarded the poor performance of overnight soybean oil. Market on the other hand reversed the situation by churning to vigorous correction. Dalian and overnight soybean oil are quite strong today while Ringgit remains at RM 4.27 against the Dollar.

Plan A : Intraday investor may sell if market could rebound but resist at 2167 or 2178. Targets are 2140, 2127 and 2114.

Plan B : Buyer may wait for the opportunity as where market could form a support. Will keep subscriber updated.

Plan C : Above 2180, do nothing.

Plan D : Below 2110, do nothing.