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
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....