Wall St closed 0.4% lower, on weak retail sales. June retail sales down 0.5% from the previous month. Empire manufacturing survey of New York city rose to 7.4.
Dow of 12,727, is likely to test a resistance at 13,030. RSI of 51, is recovering.
DOLLAR INDEX is lower at 83.1. Downside is at 82.2.
Crude oil is higher at USD88.4. Resistance is at 89.4.
Dollar yen is lower at 78.8 yen. Support is at 78.4.
Euro/dollar is higher at 1.227. Upside is at 1.245.
Gold is higher at USD1591. Upside is at 1740.
Shanghai closed lower at 2,147.
Singapore STI closed higher at 2,998.
Ringgit is firmer at 3.171. Downside is at 3.210.
S'pore ringgit is lower at 2.508. Upside is at 2.540.
Malaysian market closed higher at 1635. On the Daily chart, it is targeting 1644. Pullback support is at 1624. RSI of 72, remains positive. Today's range is between 1630 and 1640.
CPO Sep futures is higher at RM3112. Support is at 2924.
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....