Fool Trader KLSE Research

Daily Summary - 6 Sep 2012

fooltrader
Publish date: Fri, 07 Sep 2012, 02:52 PM
YOUR MORNING COFFEE ' Thursday 6/9/2012

SUMMARY
  • Wall St closed 0.1% higher ahead of ECB meeting Thursday, and US job data Friday. ECB is expected to announce bond buying to boost the economy. US, this Friday, is expected to add 120,000 new jobs in August.
  • Dow of 13,047, is on a technical rebound. Resistance is at 13,338. RSI of 48, is steady.
  • DOLLAR INDEX is lower at 81.2. Resistance is at 82.9.
  • Crude oil is lower at USD95.3. Resistance is at 100.0.
  • Dollar yen is higher at 78.4 yen. Support is at 77.4.
  • Euro/dollar is higher at 1.260. Upside is at 1.262.
  • Gold is higher at USD1692. Upside is at 1740.
  • Shanghai closed lower at 2,037.
  • Singapore STI closed lower at 2,998.
  • Ringgit is weaker at 3.112. Downside is at 3.210.
  • S'pore ringgit is lower at 2.495. Upside is at 2.540.
  • Malaysian market closed lower at 1641. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1637. RSI of 50, is neutral. Today's range is between 1637 and 1647.
  • CPO Nov futures is lower at RM3006. Resistance is at 3270.
  • Trading : CSL ( 5214 : 1.14 ) : Take profit, MBFHLDG ( 1236 : 1.07 ) : Targeting .18/Stop loss 1.04, FAVCO ( 7229 : 1.64 ) : Buy below 1.60, MKLAND ( 8893 : 0.35 ) : Buy below 0.34
Source:Jupiter Securities Reasearch 06 September 2012
More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment