Wall St closed 0.5% higher, following the Moody's downgrade of 15 banks. Spain will formally request for bank aid on Monday; it is said that Spanish banks may need 62bln euros.
Dow of 12,640 is on a pullback support of 12,365. RSI of 50, is weakening.
DOLLAR INDEX is higher at 82.4. Resistance is at 83.1.
Crude oil is higher at USD79.3. Support is at 75.6.
Dollar yen is higher at 80.5 yen. Upside is at 80.6.
Euro/dollar is lower at 1.254. Support is at 1.232.
Gold is higher at USD1570. Upside is at 1740.
Shanghai closed lower at 2,260.
Singapore STI closed lower at 2,820.
Ringgit is weaker at 3.191. Downside is at 3.210.
S'pore ringgit is lower at 2.495. Upside is at 2.520.
Malaysian market closed higher 1603. On the Daily chart, it is targeting 1607. Pullback support is at 1586. RSI of 64, remains positive. Today's range is between 1597 and 1607.
CPO Aug futures is lower at RM2945. Upside is at 3211.
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....