Wall St closed 0.2% higher, ahead of EU summit meeting later in the week. Spain has requested for bank aid on Monday. Home prices rose 0.7% in April. Consumer confidence index dipped to 62, a 5 month low.
Dow of 12,534 is on a pullback support of 12,365. RSI of 47, is weakening.
DOLLAR INDEX is higher at 82.4. Resistance is at 83.1.
Crude oil is higher at USD79.2. Support is at 75.6.
Dollar yen is lower at 79.4 yen. Upside is at 80.6.
Euro/dollar is lower at 1.248. Support is at 1.232.
Gold is lower at USD1572. Upside is at 1740.
Shanghai closed lower at 2,222.
Singapore STI closed lower at 2,810.
Ringgit is firmer at 3.192. Downside is at 3.210.
S'pore ringgit is lower at 2.495. Upside is at 2.520.
Malaysian market closed lower at 1594. On the Daily chart, it is targeting 1607. Pullback support is at 1586. RSI of 58, remains positive. Today's range is between 1590 and 1600.
CPO Aug futures is lower at RM3011. Upside is at 3211.
Trading : PERWAJA ( 5146 : 0.68 ) : Take profit, HWGB ( 9601 : 0.44 ) : Take profit
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....