HSI Futures

Wall Street ended modestly higher after a choppy session on Tuesday as gains in consumer discretionary stocks offset a drop in Apple and investors hunkered down for a potential interest rate hike next month.

Hong Kong shares finished down on Tuesday in tandem with lower regional share markets, which were weighed by concerns about higher interest rates in the U.S. and slackening global growth.

Plan A : Above 22494, do nothing

Plan B : Below 22158, do nothing

Plan C : Attempt selling if market stays below 22360

Plan D : Cut above 22494

Plan E : Consider intraday buying only if market holds stubbornly above 22158 and rebound

Plan F : Cut below 22158

FKLI

Market still going on with its tight range trading band before going into Deepavali Holiday last Monday. Market look likely to open slightly lower today but rotational play in small cap stocks could limit losses in the overall market. Buying interest was seen in selected small cap stocks but blue chip counters are still lacking in momentum. Hence, do expected a lackluster and directionless trading in FKLI for the time being.

Plan A : Attempt intraday buying if market test and rebound from 1673

Plan B : Cut below 1673

Plan C : Selling to be considered if market stays below 1686

Plan D : Cut above 1691

FCPO

FCPO stayed tight range on Monday with high closing. Dalian and soybean oil slumped while Ringgit remains weak at RM4.36 against the greenback. Market is still on consolidation range waiting for breakthrough, therefore, trader might need to be patient.

Plan A : Sell if market could rebound and resist at 2357 or 2366. Targets are 2343, 2323 and 2278. Hold overnight if market close below 2300.

Plan B : Buy if market stay flat and support above 2330. Targets are 2357 and 2366.  

Plan C : Above 2370, do nothing.

Plan D : Below 2320, 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.