HSI Futures

U.S. stocks ended higher after a volatile session on Tuesday as concerns about the health of the global economy kept investors cautious after more than a month of turbulence.

Hong Kong stocks tumbled 3 percent to a two-year low on Tuesday as growing fears of a sharp slowdown in the world economy sparked heavy selling, particularly in energy and commodity related shares. Today will be the last day of trading for China before they go into a week long holiday while HK too will be off for one day tomorrow in conjunction with the National Day celebrations. 

Plan A : Above 20660, do nothing

Plan B : Below 20360, do nothing

Plan C : Attempt selling if market fails to break above 20660

Plan D : Cut above 20745

Plan E : Consider buying if market supports above 20360 and triggers a buy

Plan F : Cut below 20660

FKLI

Market pushed up towards the closing stage of trading yesterday and settled at 1580 for Oct month contract. Market might open higher today, moving in tandem with regional markets but gains could be capped amid weak RM. Eager investors can look for opportunity to sell when this technical rebound exhausts. 

Plan A : Attempt selling if market rebounds but fails to break above 1595

Plan B : Cut above 1603

Plan C : Buying to be considered if market holds firm above 1582

Plan D : Cut below 1577

FCPO

FCPO gap-down in the morning but it stabilized and formed a support at 2360's level in the morning session. It continue to rally in the afternoon with great volatility after breaking the resistances to 2460. Market remains bullish at this point. Dalian and soybean oil are slightly positive while Ringgit remains at RM4.43 against the greenback. 

Plan A : Overnight buyer may consider to exit. Support is 2405. Targets are 2497 and 2518.

Plan B : Intraday investor may buy if market could support above 2416. Targets are 2464 and 2497.

Plan C : Intraday investor may sell if market could not break 2464. Targets are 2424 and 2405.  
Plan D : Above 2470, do nothing.

Plan E : Below 2400, do nothing.

*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does  not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.