HSI Futures

U.S. stocks sold off on Thursday, pushing the S&P 500 to its lowest in a month, as escalating worries about the Trump administration's ability to push through its agenda rattled investors.

Hong Kong shares closed slightly down on Thursday as profit-taking outweighed solid gains by gaming and social media firm Tencent after the company posted better-than-expected quarterly earnings.

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Plan A : Above 27321, do nothing

Plan B : Below 27063, do nothing

Plan C : Attempt selling if market trades below 27206

Plan D : Cut above 27294

Plan E : Consider buying if market dives and rebound from 27063

Plan F : Cut below 27063

FKLI

FKLI traded within a tight 4.5 points range yesterday. The heavy sell off in overnight Dow coupled with terrorist attack in Spain will prompt market to open lower today. Any fall below 1765 might trigger more panic selling. Otherwise, market look likely to continue its consolidation.

Plan A : Sell if market trades below 1771

Plan B : Cut above 1775

Plan C : Consider buying if market test and rebound from 1765

Plan D : Cut below 1762

FCPO

FCPO resume with the upside from yesterday, hike to the tip of 2665 and settled at 2658. Dalian and soybean oil are positive today while Ringgit stays at RM4.29 against the greenback.

Plan A : Sell if market rebounded and resisted around 2672. Targets are 2646, 2637 and 2627.

Plan B : Buy if market retraced and supported above 2646. Targets are 2672, 2682 and 2708.

Plan C : Above 2672, no fresh position.

Plan D : Below 2646, 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.