SUMMARY '' Wall St closed 0.7% higher, due to positive data. Private sector added 216,000 jobs in February, according to ADP. Consumer credit rose by USD17.8bln in January. There is the employment figure this Friday. '' Dow of 12,837, is targeting 13,279. Previous high is 14,198. RSI of 49, is on a small spike up, indicating a likely retest on the 13,000 level. Caution is on the key support 12,670, which will be negative if breached. '' Dollar Index is lower at 79.7. Resistance is at 80.3. '' Crude oil is higher at USD106.1. Support is at 101.0. '' Dollar yen is higher at 81.2 yen. Support is at 78.9. '' Euro/dollar is higher at 1.314. Support is at 1.297. '' Gold is higher at USD1683. Downside is at 1625. '' Shanghai closed lower at 2,394. '' Singapore STI closed lower at 2,914. '' Ringgit is firmer at 3.027. Support is at 3.110. '' S'pore ringgit is higher at 2.401. Resistance is at 2.430 '' Malaysian market closed lower at 1574. On the Daily chart, it broke the 200 MA of 1504, indicating a further upward push to 1609. Support is at 1566. RSI of 62, is weakening. Today's range is between 1570 and 1580. '' CPO April futures is higher at RM3252. Support is at 3023. '' Trading : HWGB ( 9601 : 0.46 ) : Targeting 0.54, PUNCAK ( 6807 : 1.43 ) : Stop loss 1.39, KEYWEST ( 0095 : 0.20 ) : Targeting 0.25, SILVER ( 7136 : 0.22 ) : Targeting 0.28
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....