Fool Trader KLSE Research
Daily Summary - 6 Aug 2012
YOUR MORNING COFFEE ' Monday 6/8/2012
SUMMARY
Source:Jupiter Securities Research 06 August 2012
SUMMARY
- Wall St closed 1.7% higher, due to the strong jobs report. In July, 163,000 new jobs were added, against estimate of 95,000.
- Dow of 13,096 is heading for a retest on the previous high of 13,338. Support is at 12,800. RSI of 60, is rising.
- DOLLAR INDEX is lower at 82.1. Upside is at 86.2.
- Crude oil is higher at USD91.4. Resistance is at 93.6.
- Dollar yen is higher at 78.5 yen. Support is at 77.9.
- Euro/dollar is higher at 1.241. Upside is at 1.262.
- Gold is higher at USD1605. Upside is at 1740.
- Shanghai closed higher at 2,132
- Singapore STI closed higher at 3,051.
- Ringgit is stronger at 3.102. Downside is at 3.210.
- S'pore ringgit is lower at 2.497. Upside is at 2.540.
- Malaysian market closed higher at 1635. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1590-1610. RSI of 60, is up. Today's range is between 1628 and
- 1638.
- CPO Oct futures is lower at RM2937. Resistance is at 3066.
- Trading : L&G ( 3174 : 0.49 ) : Take profit, JOHOTIN ( 7167 : 1.81 ) : Take profit, MYEG ( 0138 : 0.74 ) : Take profit, TM ( 4863 : 5.73 ) : Targeting 6.00/Stop loss 5.60
Source:Jupiter Securities Research 06 August 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
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
2
save malaysia!
3
4
5
6
Koon Yew Yin's Blog
7
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
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....
