Wall St closed 0.3% lower, as weak growth is expected to hit global economy. Japan reported a weak growth of 0.3% in the 2nd quarter. EU is expected to report a lower growth Tuesday.
Dow of 13,169 is heading for a retest on the previous high of 13,338.
Support is at 13,100. RSI of 61, is rising.
DOLLAR INDEX is lower at 82.4. Upside is at 86.2.
Crude oil is lower at USD92.8. Resistance is at 97.3.
Dollar yen is higher at 78.4 yen. Support is at 77.9.
Euro/dollar is higher at 1.233. Upside is at 1.262.
Gold is lower at USD1612. Upside is at 1740.
Shanghai closed lower at 2,136.
Singapore STI closed higher at 3,065.
Ringgit is weaker at 3.125. Downside is at 3.210.
S'pore ringgit is higher at 2.508. Upside is at 2.540.
Malaysian market closed higher at 1646. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1620. RSI of 66, is rising. Today's range is between 1643 and 1653.
CPO Oct futures is lower at RM2835. 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....