Fool Trader KLSE Research
Daily Summary - 28 May 2012
YOUR MORNING COFFEE ' Monday 28/5/2012
SUMMARY
- Wall St closed 0.6% lower, due to continuing concerns over a possible Greece exit from the eurozone, the contagion effects, and the Spanish banks. This was despite the 4 year high on the consumer sentiment index of 79.3.
- Dow of 12,454 is on a technical rebound due to the oversold technicals. It has bottomed out at 12,311. RSI of 33, is oversold. Upside is at 12,940.
- DOLLAR INDEX is lower at 82.1. Resistance is at 82.8.
- Crude oil is higher at USD90.6. Support is at 88.5.
- Dollar yen is higher at 79.6 yen. Upside is at 81.2.
- Euro/dollar is lower at 1.257. Support is at 1.220.
- Gold is higher at USD1575. Upside is at 1700.
- Shanghai closed lower at 2,333.
- Singapore STI closed lower at 2,772.
- Ringgit is stronger at 3.144. Downside is at 3.200.
- S'pore ringgit is lower at 2.464. Upside is at 2.481.
- Malaysian market closed higher 1551. On the Daily chart, it is in for a technical rebound to 1567, due to the oversold technicals. RSI of 41, has started to recover. Stochastic has started to turn upwards.
- Today's range is between 1544 and 1558.
- CPO July futures is higher at RM3154. Support is at 3000.
- Trading :
Source:Jupiter Securities Research 28 May 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
Latest Videos
Apps
Top Articles
2
save malaysia!
3
4
5
6
Koon Yew Yin's Blog
7
THE INVESTMENT APPROACH OF CALVIN TAN
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
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....
