HSI Futures

Wall Street climbed on Thursday as a blockbuster quarterly report from Facebook drove tech shares higher and a bounce in oil prices propped up the beleaguered energy sector.

Hong Kong shares were firm on Thursday despite renewed panic selling on the mainland.

Plan A : Above 19328, do nothing

Plan B : Below 18944, do nothing

Plan C : Attempt buying if market holds firm above 19136

Plan D : Cut below 19050

Plan E : Consider intraday selling if market gaps up but fails to break above 19328

Plan F : Cut above 19328

FKLI

Market performed relatively well yesterday despite closing off its intraday high of 1641. Although there were some selling along the way, market managed to hold firm and closed positive. There might be more pressure today with another listless trading for last day of the month. However, a stronger Ringgit could cushioned any fall today.

Plan A : Attempt buying if market holds firm above 1628

Plan B : Cut below 1623

Plan C : Consider intraday sell if market surges but fails to break above 1644

Plan D : Cut above 1648

FCPO

FCPO could not sustain above 2512, it then slumped to 2469 with settlement at 2481. Dalian and soybean oil are slightly mixed this morning while Ringgit strengthen tremendously from the past few days vs U.S. Dollar, price marks around RM4.15 to RM4.17. Due to RM, the upside of FCPO may be limited. 

Plan A : Sell if market rebounded and resisted around 2494. Targets are 2477, 2460, 2455 and 2442.

Plan B : Buy only if market stabilized and supported above 2477. Targets are 2518, 2535, 2547 and 2566.

Plan C : Above 2518, no fresh position.

Plan D : Below 2460, no fresh position.  

*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.