HSI Futures

Wall Street retreated from record levels on Wednesday after a drop in oil prices pressured energy stocks, while shares of Walt Disney surged on its results and an acquisition.

Hong Kong stocks touched to a fresh eight-month high on Wednesday, before slipping back, as yield-hungry investors continued to hunt for bargains. Japan markets are shut today for Mountain Day celebrations. 

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

Plan A : Above 22691, do nothing

Plan B : Below 22290, do nothing

Plan C : Attempt buying if market holds firm above 22450

Plan D : Cut below 22370

Plan E : Consider selling if market opens gap up but fails to breach above 22691

Plan F : Cut above 22761

FKLI

Stronger Ringgit pushed FKLI to close at day's high level yesterday but yet to breach and stays firm above 1670 level convincingly. A drop in overnight Dow will once again distort any potential rally, at least not at the opening today. However, market is still deemed to be firm for the time being despite lack of momentum to push it further.

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

Plan A : Attempt buying as long as market stays firm above 1663.5

Plan B : Cut below 1659

Plan C : Consider intraday selling if market surges but fails to breach above 1672

Plan D : Cut above 1675.5

FCPO

FCPO retraced for morning session yesterday, followed by a surge up to 2512 after opening of second session. Dalian and soybean oil are slightly at negative territories this morning while Ringgit stays strong around RM3.99 to RM4.01 against the greenback.

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

Plan A : Buy if market supported and stabilized above 2475. Targets are 2513, 2529, 2540 and 2552.

Plan B : Sell if market rebounded and resisted around 2498. Targets are 2481, 2475, 2460 and 2548.

Plan C : Above 2498, no fresh position.

Plan D : Below 2475, 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.