Wall St closed 0.1% higher, taking a pause after the US Fed's QE3 or quantitative easing. With not much news, focus was on Apple and US Fed's QE3, which buoyed the market.
Dow of 13,564, is on a technical rebound. Resistance is at 13,924. RSI of 68, is overbought.
DOLLAR INDEX is higher at 79.2. Support is at 78.4.
Crude oil is lower at USD95.2. Support is at 94.0.
Dollar yen is higher at 78.7 yen. Resistance is at 79.0.
Euro/dollar is lower at 1.305. Resistance is at 1.320.
Gold is higher at USD1768. Support is at 1684.
Shanghai closed lower at 2,059.
Singapore STI closed lower at 3,069.
Ringgit is weaker at 3.066. Downside is at 3.09.
S'pore ringgit is higher at 2.501. Upside is at 2.540.
Malaysian market closed lower at 1640. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1634. RSI of 54, is on a buy divergence. Today's range is between 1636 and 1646.
CPO Nov futures is lower at RM2803. Resistance is at 3100.
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....