HSI Futures

U.S. stocks fell on Monday, led by the S&P energy index's biggest one-day percentage drop since late August as oil prices slid to their lowest point in nearly seven years.

Hong Kong shares ended fractionally lower on Monday led by a tumble in energy heavyweights as investors worried about persistent weakness in oil prices.

Plan A : Above 22407, do nothing

Plan B : Below 22025, do nothing

Plan C : Consider selling if market gaps up but fails to break above 22407

Plan D : Cut above 22492

Plan E : Attempt buying if market supports well above 22286

Plan F : Cut below 22210

FKLI

Market was visibly weak despite gaining 6-points for the close yesterday. Failure for market to stay firm above 1674 shows that investors are either not interested due to year end holidays or staying cautious ahead of more uncertainties. However, it will be important for market to at least close above 1666 today to prevent itself from facing any selling pressure.

Plan A : Attempt selling if market fails to hold above 1666

Plan B : Cut above 1674

Plan C : Consider buying if market supports above 1658, rebounds and hold firm above 1666

Plan D : Cut below 1662

FCPO

FCPO continue with the up-channel on Monday in conjunction with the extraordinary performance from Dalian and soybean oil. However, the sailing may not be so smooth today as Dalian and overnight soybean oil literally slumped. Ringgit further weaken to RM 4.26 against the US Dollar.

Plan A : Likely for market to gap-down at opening. Buy if market retraced and supported above 2397 or 2414. Targets are 2432 and 2489. Do not rush in and wait for market to stabilize.

Plan B : Sell only if market failed to rebound above 2414. Targets are 2390 and 2377.

Plan C : Overnight buyer hold on to position unless support at 2384 is breached. Targets are 2489 and 2547.

Plan D : Above 2410, no fresh position.

Plan E : Below 2390, no fresh position.