Fool Trader KLSE Research

Daily Summary - 25 June 2012

fooltrader
Publish date: Mon, 25 Jun 2012, 09:01 AM
YOUR MORNING COFFEE ' Monday 25/6/2012

SUMMARY
  • 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.
  • Trading : TM ( 4863 : 5.69 ) : Take profit
  • GKENT ( 3204 : 1.02 ) : Targeting 1.22/Stop loss 0.94
  • HWGB ( 9601 : 0.415 ) : Targeting 0.45/Stop loss 0.40

Source:Jupiter Securities Research 25 June 2012


More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment