Wall St closed 0.25% lower, on hope of quantitative easing, to fuel
growth.
Dow of 13,124, may stage a technical rebound following the past 3 days of drop. Resistance is at 13,338. RSI of 53, is recovering.
DOLLAR INDEX is higher at 81.6. Downside is at 81.0.
Crude oil is lower at USD95.5. Resistance is at 100.0.
Dollar yen is higher at 78.7 yen. Support is at 77.4.
Euro/dollar is lower at 1.250. Upside is at 1.262.
Gold is lower at USD1664. Upside is at 1740.
Shanghai closed lower at 2,055.
Singapore STI closed lower at 3,044.
Ringgit is weaker at 3.115. Downside is at 3.210.
S'pore ringgit is higher at 2.487. Upside is at 2.540.
Malaysian market closed lower at 1648. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1644. RSI of 61, is down. Today's range is between 1647 and 1652.
CPO Oct futures is higher at RM3086. Resistance is at 3066.
Trading : SYF ( 7082 : 0.61 ) : Take profit, SCOMI ( 7158 : 0.29 ) : 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....