Wall Street’s main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible.

Shares in Hong Kong ended sharply lower on Thursday as investors worried over whether Chinese and U.S. trade negotiators will be able to salvage a trade deal before a looming deadline for fresh U.S. tariff hikes on Chinese goods.

FKLI totally failed to rebound yesterday as the whole globe was affected by the increased tension between United States and China over the trade war conflicts. Several supports were broken in FKLI resulted the greater selling pressure to further pushing the market downward to close at 1616.5. If the market still fails to rebound to above 1629 today, the direction of the market is getting clearer.
 

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Plan A : Attempt buying if FKLI declines but does not breach below 1602.5.

Plan B : Cut below 1598.

Plan C : Consider selling if FKLI trades below 1621.

Plan D : Cut above 1625.

FCPO

FCPO hovers around 2000's to 2010's without much direction today. Dalian closed insignificant while soybean oil fluctuated within small range. Ringgit weakened at RM4.15 against the greenback. 

Plan A : Buy if market supported firm above 2016. Targets are 2037 and 2058.

Plan B : Sell if market failed to support above 2016. Targets are 1999 and 1981.

Plan C : Above 2021, no fresh position.

Plan D : Below 2011, 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.