Plan D : Cut below 23980.

U.S. stock futures were flat in Tuesday early morning trade, as oil prices continued to fall after plunging Monday.

Dow futures were up 5 points, but indicated a Tuesday opening decline of about 23 points. S&P 500 and Nasdaq futures also pointed to a little changed Tuesday open for the two indexes.

The moves came as oil prices continued to sell off. US WTI crude for June delivery plunged 13.22% to $11.09 per barrel following a more than 24% decline on Monday. The international benchmark Brent crude futures contract also shed 4.4% to $19.11 per barrel. Oil prices have come under pressure in recent weeks as concerns mount over declining storage capacity.

But a partial reopening of the economy — in Alaska, Georgia, South Carolina, Tennessee, Texas and others — had earlier boosted investor sentiment, with certain U.S. businesses poised to benefit from the first wave of consumers emerging from the coronavirus driven quarantine. 

Plan A : Long if market doesn't retrace much but supported firm above 8841.50. Targets are 8879.50, 8908.50 and 8941.25.

Plan B : Short if market failed to support above 8841.50. Targets are 8800.75, 8769.75 and 8738.50.

HSI

At the close of trade, the Hang Seng index was up 448.81 points or 1.88% at 24,280.14.

WTI Crude

U.S. oil prices plunged nearly 25% on Monday on fears that worldwide storage will soon fill as the coronavirus pandemic continues to roil demand. WTI for June delivery fell 24.56% or $4.16 to settle at $12.78 per barrel, after earlier trading as low as $11.88.

Plan A : Attempt sell if oil price stays below 12.7

Plan B : Cut above 13.1

Plan C : Consider buying only if oil price able to hold above 11.8

Plan D : Cut below 11.2

Gold

Gold fell on Monday as U.S. Treasury yields rose and plans by many countries to ease coronavirus-induced lockdowns whetted investor appetite for riskier assets, but unprecedented stimulus measures from governments provided underlying support.

Plan A : Attempt buying as long as gold price stays above 1709

Plan B : Cut below 1702

Plan C : Consider selling if gold price fails to climb and stays firm above 1724

Plan D : Cut above 1730

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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.