HSI Futures

Advances in top tech and biotech names helped U.S. stocks to end with slight gains on Monday, while caution at the start of a heavy week of earnings kept a lid on the market.

Hong Kong stocks were little changed on Monday, reflecting investor composure in the face of weak, but better-than-expected China third-quarter GDP data that offered few signs of a hard landing.

Plan A : Above 23146, do nothing

Plan B : Below 22958, do nothing

Plan C : Attempt buying if market holds firm above 23010

Plan D : Cut below 22958

Plan E : Consider selling if market gaps up but fails to break above 23146

Plan F : Cut above 23230

FKLI

Another consolidation day was seen yesterday with market hovering around the level of 1711.5-1718 throughout yesterday's afternoon session after touching an intraday high of 1728.5. Market could be taking a breather after recent rally with investors staying cautious ahead of the Budget Day announcement this Friday.

Plan A : Consider intraday sell if market stays trading below 1715

Plan B : Cut above 1720

Plan C : Attempt buying if market were to corrects but holds firmly above 1694.5

Plan D : Cut below 1690

FCPO

FCPO flattened in the morning and it gradually inched down towards the second session on Monday. Dalian and overnight soybean oil are showing some weakness while Ringgit further slumped to RM4.25 against the greenback. Market likely to gap down during opening, therefore, intraday investor may avoid selling too low. 

Plan A : Overnight seller hold on to position. Resistance is looking at 2304. Targets are 2189 and 2111.

Plan B : Intraday investor may sell if market resist at 2277. Targets are 2257, 2240 and 2216.

Plan C : If market gap down lower than 2250, wait and watch before reacting. There will be new resistances.

Plan D : Buyer stay out of market.

Plan E : Above 2290, do nothing.

Plan F : Below 2240, 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.