Fool Trader KLSE Research
Daily Summary - 9 Apr 2012
YOUR MORNING COFFEE ' Monday 9/4/2012
SUMMARY
- Wall St closed for Easter. While the unemployment dip to 8.1%, there were fewer jobs added in March. US payrolls grew by 120,000, less than the estimate of 200,000 new jobs in March. Focus this week, is on the 1Q'2012 corporate earnings.
- Dow of 13,060, is on a pullback, with support at 12,750. In the immediate term, a technical rebound to 13,200 is also likely. RSI of 48, is on a negative divergence.
- Dollar Index is lower at 79.9. Upside is at 80.8.
- Crude oil is higher at USD103.3. Upside is at 108.0.
- Dollar yen is lower at 81.4 yen. Downside is at 80.1.
- Euro/dollar is higher at 1.308. Downside is at 1.300.
- Gold is higher at USD1642. Support is at 1585.
- Shanghai closed higher at 2,306.
- Singapore STI closed higher at 2,991.
- Ringgit is weaker at 3.071. Downside is at 3.110.
- S'pore ringgit is lower at 2.429. Resistance is at 2.440.
- Malaysian market closed higher at 1598. On the Daily chart, it has retreated off the intraday Double top of 1609. While the RSI of 61 is in a negative divergence, a downside breach of the critical support of 1583 is needed to signal a down turn. Today's range is between 1592 and 1602.
- CPO May futures is higher at RM3612. Resistance is at 3630.
- Trading : EURO ( 7208 : 0.36 ) : Take profit / limited upside, GOPENG ( 2135 : 0.79 ) : Targeting 0.87-0.90 / Stop loss 0.75, HWATAI ( 8478 : 0.57 ) : Stop loss raised to 0.55 / Sell around 0.62, SHCHAN ( 4316 : 1.24 ) : Stop loss raised to 1.19 / Sell above 1.28
Source:Jupiter Securities Research 09 April 2012
More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
https://dividendguy67.blogspot.com
2
Koon Yew Yin's Blog
3
Good Articles to Share
4
5
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
