HSI Futures

U.S. stocks ended slightly lower on Thursday as the market digested disappointing tech earnings reports and the potential for an interest rate hike in December.

Hong Kong shares finished down on Thursday as Chinese investors await the announcement of the economic growth target for the next five years.

Plan A : Above 23096, do nothing

Plan B : Below 22736, do nothing

Plan C : Attempt selling if market rebounds but stays below 22895

Plan D : Cut above 22997

Plan E : Consider buying if market stays firm above 22736 and triggers a buy

Plan F : Cut below 22736

FKLI

Market broke below several support levels yesterday in a day where Ringgit kept weakening against greenback. November contract must holds firm above 1652 today if it were to avoid being sell down even further. Failure for cash market to hold above 1653 could pressure the market down even lower as panic selling could kick in.

November month contract:

Plan A : Consider selling if market rebounds but fails to breach above 1665

Plan B : Cut above 1670

Plan C : Attempt intraday buy if market managed to hold firm above 1652 and rebounds

Plan D : Cut below 1652

FCPO

FCPO opened higher on Thursday, corrected and resume with the uptrend. Dalian and soybean oil are quite mixed while Ringgit further weakened to RM4.31 against the greenback.

Plan A : Short term seller may sell if market resisted at 2378 or 2386. Targets are 2334 and 2316. 

Plan B : Intraday investor may buy if market could retrace and support above 2344 or 2351. Targets are 2379, 2386 and 2430.

Plan C : Above 2400, do nothing.

Plan D : Below 2340, 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.