Wall St closed for the Independence Day. German service industries index unexpectedly shrank to 49.9. Bank of England and ECB will announce interest rate decision today. Focus is on this Friday's job report, which is expected to show 90,000 jobs added in June.
Dow of 12,943 is heading higher to target 13,300. RSI of 61, is on the
rise.
DOLLAR INDEX is higher at 82.1. Resistance is at 81.0.
Crude oil is higher at USD87.6. Resistance is at 89.4.
Dollar yen is higher at 79.9 yen. Upside is at 80.6.
Euro/dollar is lower at 1.253. Resistance is at 1.310.
Gold is lower at USD1615. Upside is at 1740.
Shanghai closed lower at 2,227.
Singapore STI closed higher at 2,949.
Ringgit is weaker at 3.160. Downside is at 3.210.
S'pore ringgit is higher at 2.495. Upside is at 2.520.
Malaysian market closed higher at 1613. On the Daily chart, it is targeting 1614. Pullback support is at 1591. RSI of 65, remains positive. Today's range is between 1607 and 1617.
CPO Aug futures is higher at RM3115. 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....