Fool Trader KLSE Research
Daily Summary - 3 July 2012
YOUR MORNING COFFEE ' Tuesday 3/7/2012
SUMMARY
Source:Jupiter Securities Research 03 July 2012
SUMMARY
- Wall St closed 0.1% lower following the contraction of manufacturing for the first time in 3 years. ISM's PMI dipped to 49.7, from 53.5, in June. US construction spending increased 0.7% in May. Overall,market is likely to be quiet ahead of 4 July holiday, and job report Friday.
- Dow of 12,871, is heading higher to target 13,300. RSI of 59, is on the rise.
- DOLLAR INDEX is higher at 81.8. Resistance is at 81.0.
- Crude oil is lower at USD83.7. Resistance is at 89.4.
- Dollar yen is lower at 79.4 yen. Upside is at 80.6.
- Euro/dollar is lower at 1.258. Resistance is at 1.310.
- Gold is lower at USD1596. Upside is at 1740.
- Shanghai closed higher at 2,226.
- Singapore STI closed higher at 2,911.
- Ringgit is firmer at 3.165. Downside is at 3.210.
- S'pore ringgit is lower at 2.494. Upside is at 2.520.
- Malaysian market closed higher at 1600. On the Daily chart, it is targeting 1614. Pullback support is at 1591. RSI of 60, remains positive. Today's range is between 1598 and 1608.
- CPO Aug futures is higher at RM3056. Upside is at 3211.
- Trading : UNISEM ( 5005 : 1.44 ) : Take profit ,KEURO ( 3565 : 1.05 ) : Targeting 1.16/Stop loss 1.00, DELEUM ( 5132 : 1.76 ) : Targeting 1.97/Stop loss 1.69, PERISAI ( 0047 : 0.87 ) : Targeting 0.96/Stop loss 0.85
Source:Jupiter Securities Research 03 July 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....
