HSI Futures

U.S. stocks edged lower on Wednesday,retracing recent gains along with energy shares,while comments by Federal Reserve Chair Janet Yellen pointing to a possible interest rate hike in December added to investor caution.

Hong Kong's main share index recorded its best daily gain in a month on Wednesday, boosted by optimism that a trading link between Hong Kong and Shenzhen stock markets would be launched before the year-end.

Plan A : Above 23335, do nothing

Plan B : Below 22827, do nothing

Plan C : Attempt buying if market corrects and holds firm above 23074

Plan D : Cut below 22912

Plan E : Consider intraday sell if market fails to break above 23335 and retrace

Plan F : Cut above 23335

FKLI

Market successfully hold above 1681 and pushed to close at near day's high level yesterday. Weakness in RM could halt any further rebound today but it will be important for the market to at least hold firm above 1681 if it were to stand any chance of getting itself steady before moving higher in the near future.

Plan A : Attempt buying if market corrects but holds firm above 1681

Plan B : Cut below 1676

Plan C : Consider intraday sell if market moves up but fails to break above 1696

Plan D : Cut above 1702

FCPO

FCPO had good swing up on Wednesday, tipping at 2367 with high settlement at 2360. Dalian and soybean oil are performing well this morning while Ringgit weakened to RM4.292 against the US Dollar.

Plan A : Overnight buyer may hold on to position. Support is looking at 2343. Targets are 2378, 2386 and 2430.

Plan B : Sell if market could not breach 2378. Targets are 2360, 2344 and 2328. 

Plan C : Buy if market could support above 2343 or 2360. Targets are 2386 and 2498.

Plan D : Above 2390, do nothing.

Plan E : 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.