HSI Futures
U.S. stocks added to their recent run with gains across all sectors on Monday, led by increases in the beaten-down energy group and the acquisition-driven healthcare industry.
Hong Kong shares finished down on Monday amid concerns about China's weak economy and Beijing's crackdown on illegal futures trading. Japan markets are close today for Culture's Day celebration.
Plan A : Above 22608, do nothing
Plan B : Below 22252, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 22530
Plan D : Cut above 22608
Plan E : Consider buying if market holds firm above 22300 and triggers a buy
Plan F : Cut below 22300
FKLI
Market rebounded from an intraday low of 1646 before settling at 1656.5 yesterday. This shows that market is still not conceding defeat yet, possibly finding a temporary bottom above 1644 and stand a chance of rebounding from here. Sellers are warned to be cautious if market were to hold firm above 1660 today.
Plan A : Attempt buying if market holds firm above 1660
Plan B : Cut below 1655
Plan C : Consider selling if market were to retrace after failing to break above 1668
Plan D : Cut above 1673
FCPO
FCPO finally shown some light for downwards channel with market closing at day low, triggering sell signal in most charts. Dalian and soybean oil are down slightly while Ringgit strengthen at RM4.28 against the greenback.
Plan A : Overnight seller hold on to position. Resistance is looking at 2359. Targets are 2260 and 2146.
Plan B : Intraday investor may sell if market could rebound and resist at 2343. Targets are 2318, 2299 and 2277.
Plan C : Buyer may stay out unless market stay supported above 2343.
Plan D : Above 2340, do nothing.
Plan E : Below 2260, 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.
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