Wall St closed 0.06% lower. The New York Fed Empire State manufacturing index fell to minus 5.85 in August. However, housing is showing signs of recovering, with builder confidence at its highest level in 5 years.
Dow of 13,164 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 82.6. Upside is at 86.2.
Crude oil is higher at USD94.3. Resistance is at 97.3.
Dollar yen is higher at 79.1 yen. Resistance is at 80.0.
Euro/dollar is lower at 1.230. Upside is at 1.262.
Gold is higher at USD1604. Upside is at 1740.
Shanghai closed lower at 2,118.
Singapore STI closed lower at 3,063.
Ringgit is weaker at 3.128. Downside is at 3.210.
S'pore ringgit is lower at 2.502. Upside is at 2.540.
Malaysian market closed higher at 1653. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1620. RSI of 69, is rising. Today's range is between 1649 and 1659.
CPO Oct futures is lower at RM2852. 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....