U.S. stocks fell on Monday after President Donald Trump threatened to raise tariffs on Chinese goods, though they pared much of their early losses as healthcare shares rose and some investors remained confident of an eventual trade agreement.

Chinese investors, caught off guard by U.S. President Donald Trump’s tariff threats, dumped stocks and sold the yuan currency on Monday as a fresh deterioration in Sino-U.S. trade tensions roiled Asian financial markets. Hong Kong’s Hang Seng index ended down 2.9 percent, recouping some lost ground in the late afternoon session.

FKLI had a huge gap down in opening yesterday as affected by the drop in Dow Jones early in the morning but the market somehow still supported above 1610's as the market gradually recovered and rebounded to close at 1625. The market most likely will cover the gap difference before it decides which path to proceed, hence both buyers and sellers are ought to be alert with the market movement as the market could go either way at this moment due to an unclear signal.
 

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Plan A : Attempt buying if FKLI stays firm above 1623.

Plan B : Cut below 1619.

Plan C : Consider selling if FKLI rebounds but does not breach above 1631.5

Plan D : Cut above 1636.

FCPO

FCPO opened gap-up this morning, hovering above 2000's for the first session. Dalian and soybean oil are lying at positive territories while Ringgit stays weak at RM4.14 against the greenback.
 

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