HSI Futures

U.S. stocks ended stronger after a volatile session on Wednesday, led by a rebound in biotechnology companies that pushed the S&P 500 to its highest level in three weeks.

Hong Kong shares rallied on Wednesday, rising over 3 percent, as financials and energy stocks shone just a day before China markets reopen after the national holidays.

Plan A : Above 22580, do nothing

Plan B : Below 22220, do nothing

Plan C : Consider intraday sell if market gaps up but fails to break above 22580

Plan D : Cut above 22580

Plan E : Attempt buying if market corrects and holds firm above 22247

Plan F : Cut below 22155

FKLI

Market performed remarkably yesterday, gaining 32-points for the close as Ringgit strengthened 5% within the same day. Surging crude oil prices too helped boosting the price of oil and gas companies. Market has come to a crucial point where it either resume its downtrend from here if it fails to break above 1694 or start a new rally from here if market supports and continue surging beyond 1694. 

Plan A : Attempt buying if market stays firm above 1672

Plan B : Cut below 1661

Plan C : Consider selling if market gaps up but fails to break above 1694

Plan D : Cut above 1700

FCPO

FCPO finally slumped after a long overdue rally, breaking the supports and going through market correction. Dalian reopen today with an upside; soybean oil is slightly weak this morning while Ringgit had great rebound to RM4.22 against the greenback.

Plan A : Overnight seller may hold on to position. Resistances are looking at 2354 and 2332. Targets are 2274 and 2212.

Plan B : Intraday investor and fresh seller may sell if market could rebound and resist at 2332. Targets are 2290 and 2274. Hold overnight if market could close below 2290 today.

Plan C : Buyer may stay out.

Plan D : Above 2330, do nothing.

Plan E : Below 2270, 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.