Wall St closed 0.2% higher, continued to cheer on the strong jobs report. In July, 163,000 new jobs were added, against estimate of 95,000. Yields on Spanish and Italian bonds eased further.
Dow of 13,117 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 higher at 82.3. Upside is at 86.2.
Crude oil is higher at USD92.2. Resistance is at 93.6.
Dollar yen is lower at 78.1 yen. Support is at 77.9.
Euro/dollar is higher at 1.239. Upside is at 1.262.
Gold is higher at USD1611. Upside is at 1740.
Shanghai closed higher at 2,154
Singapore STI closed higher at 3,076.
Ringgit is weaker at 3.106. Downside is at 3.210.
S'pore ringgit is lower at 2.497. Upside is at 2.540.
Malaysian market closed higher at 1639. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1620. RSI of 64, is up. Today's range is between 1635 and 1645.
CPO Oct futures is lower at RM2920. Resistance is at 3066.
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....