HSI Futures

European markets closed higher on Monday after hints from the U.S. Federal Reserve's Janet Yellen and James Bullard about when the Fed might next raise interest rates.

Hong Kong shares finished slightly higher on Monday, following marginal gains in mainland China indexes.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.

Plan A : Above 20481, do nothing

Plan B : Below 20170, do nothing

Plan C : Attempt buying if market holds firm above 20347

Plan D : Cut below 20264

Plan E : Consider selling if market gap up but fails to breach above 20481

Plan F : Cut above 20564

FKLI

Market performed weakly yesterday, breaking below its support at 1629 for spot month. With spot month expiring today, focus will turn into forward month contract which is equally weak now. Any rebound could present selling opportunity, especially if forward fails to find its footing above 1627. 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.

June contract:

Plan A : Attempt selling if June FKLI stays below 1627

Plan B : Cut above 1631

Plan C : Consider buying if market dips but holds resiliently above 1616

Plan D : Cut below 1611

FCPO

FCPO flattened on Monday with some upwards support along the way. Dalian and soybean oil are slightly at the positive side while Ringgit stays at RM4.11 against the greenback.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.

Plan A : Buy if market supported above 2588. Targets are 2618 and 2636.

Plan B : Sell only if market resisted around 2618. Targets are 2588, 2562 and 2541.

Plan C : Above 2618, no fresh position.
Plan D : Below 2588, no fresh position.