Fool Trader KLSE Research
Daily Summary - 22 June 2012
YOUR MORNING COFFEE ' Friday 22/6/2012
SUMMARY
Source:Jupiter Securities Research 22 June 2012
SUMMARY
- Wall St closed 1.9% lower, ahead of an imminent downgrade on banks by Moody's. Weekly initial jobless claims rose to 387,000. Leading economic indicators rose 0.3%. Philadelphia's Fed's manufacturing index dipped 16.6%.
- Dow of 12,573 is on a pullback support of 12,365. RSI of 48, is weakening.
- DOLLAR INDEX is higher at 82.2. Resistance is at 83.1.
- Crude oil is lower at USD77.8. Support is at 75.6.
- Dollar yen is higher at 80.1 yen. Upside is at 80.6.
- Euro/dollar is lower at 1.255. Support is at 1.232.
- Gold is lower at USD1566. Upside is at 1740.
- Shanghai closed lower at 2,260.
- Singapore STI closed lower at 2,829.
- Ringgit is weaker at 3.191. Downside is at 3.210.
- S'pore ringgit is higher at 2.497. Upside is at 2.520.
- Malaysian market closed lower 1601. On the Daily chart, it is targeting 1604. Pullback support is at 1586. RSI of 64, remainspositive. Today's range is between 1593 and 1600.
- CPO Aug futures is lower at RM3005. Upside is at 3211.
- Trading : PARAMON ( 1724 : 1.78 ) : Targeting 2.00/Stop loss 1.70, MAYBULK, ( 5077 : 1.58 ) : Buy below 1.55/Stop loss 1.52
Source:Jupiter Securities Research 22 June 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
4
bearisking
5
6
save malaysia!
7
HLBank Research Highlights
#
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....
