Fool Trader KLSE Research

Daily Summary - 15 Aug 2012

fooltrader
Publish date: Wed, 15 Aug 2012, 08:46 AM
YOUR MORNING COFFEE ' Wednesday 15/8/2012

SUMMARY

  • Wall St closed 0.02% higher, due to better retail sales, the first time in 4 months. US retail sales rose 0.8% in July, better than expected. Eurozone GDP shrank 0.2% in the 2Q.
  • Dow of 13,172 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 higher at 82.5. Upside is at 86.2.
  • Crude oil is higher at USD93.4. Resistance is at 97.3.
  • Dollar yen is higher at 78.8 yen. Resistance is at 80.0.
  • Euro/dollar is higher at 1.233. Upside is at 1.262.
  • Gold is lower at USD1601. Upside is at 1740.
  • Shanghai closed higher at 2,142.
  • Singapore STI closed higher at 3,082.
  • Ringgit is weaker at 3.121. Downside is at 3.210.
  • S'pore ringgit is lower at 2.502. Upside is at 2.540.
  • Malaysian market closed higher at 1652. On the Daily chart, it is
  • targeting 1710 over a longer term. Near term pullback support is at 1620. RSI of 67, is rising. Today's range is between 1647 and 1657.
  • CPO Oct futures is lower at RM2847. Resistance is at 3066.
  • Trading : PERISAI ( 0047 : 0.95 ) : Take profit, UOADEV ( 5200 : 1.78 ) : Take profit, ALAM ( 5115 : 0.56 ) : Targeting 0.63/Stop loss 0.53, GTRONIC ( 7022 : 1.59 ) : Take profit

Source:Jupiter Securities Research 15 August 2012

More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment