Wall St closed 0.4% lower. ECB lowered interest rate by a quarter percentage point to 0.75%. Weekly initial jobless claims dipped to 374,000. Private payroll firm ADP reported that the private sector added 176,000 in June. Focus is on this Friday's job report, which is expected to show 90,000 jobs added in June.
Dow of 12,896 is heading higher to target 13,300. RSI of 59, is on the
rise.
DOLLAR INDEX is higher at 82.7. Resistance is at 83.8.
Crude oil is lower at USD87.2. Resistance is at 89.4.
Dollar yen is higher at 79.9 yen. Upside is at 80.6.
Euro/dollar is lower at 1.239. Resistance is at 1.310.
Gold is lower at USD1608. Upside is at 1740.
Shanghai closed lower at 2,201.
Singapore STI closed higher at 2,965.
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 1614. On the Daily chart, it is
targeting 1621. Pullback support is at 1591. RSI of 66, remains
positive. Today's range is between 1611 and 1621.
CPO Sep futures is higher at RM3139. Upside is at 3289.
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....