HSI Futures

The Dow and the S&P 500 edged lower on Monday as energy shares dropped with oil prices and Apple retreated a day before its quarterly results. Investors were cautious ahead of the Federal Reserve's two-day policy meeting, which begins on Tuesday. The market is looking for clues on the outlook for when the Fed may begin raising interest rates.

Hong Kong shares finished down on Monday after China's central bank cut interest rates and bank reserve ratios Friday evening.

Plan A : Above 23175, do nothing

Plan B : Below 22868, do nothing

Plan C : Attempt selling if market stays below 23103

Plan D : Cut above 23175

Plan E : Consider buying if market retrace and rebounds from 22868

Plan F : Cut below 22868

FKLI

Market going through some tricky trading as it hovers between 1701-1710 level. Market is expected to consolidate further until there is a clear breakout from current range. Failure to hold above 1700 might lure sellers into the market. 

Plan A : Attempt sell if market trades below 1700

Plan B : Cut above 1709

Plan C : Hold long if market were to hold firm above 1713

Plan D : Cut below 1707

FCPO

FCPO finally trailed down the path after strong gap-down two days ago. Dalian and soybean oil are down while Ringgit marked RM4.26 against the greenback. Market is on its way for correction after the rally, therefore, seller might want to take the chance.

Plan A : Overnight seller hold on to position. Resistance is looking at 2301. Targets are 2235 and 2158.

Plan B : Intraday investor may sell if market could rebound and resist at 2272 or 2279. Targets are 2235 and 2216.

Plan C : Buyer may stay out unless market support above 2272. 

Plan D : Above 2280, do nothing.

Plan E : Below 2230, 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.