Fool Trader KLSE Research

Daily Summary - 1 Oct 2012

fooltrader
Publish date: Mon, 01 Oct 2012, 09:11 AM
YOUR MORNING COFFEE ' Monday 1/10/2012

SUMMARY

  • Wall St closed 0.4% lower as US manufacturing declining for the first time since Sep 2009. Chicago PMI, a measure of regional activity, dipped to 49.7.
  • Dow of 13,437, is slightly weak. Support is at 13,360. RSI of 55, is
  • neutral.
  • DOLLAR INDEX is higher at 80.1. Resistance is at 80.5.
  • Crude oil is higher at USD92.1. Resistance is at 96.0.
  • Dollar yen is higher at 78.0 yen. Support is at 77.6.
  • Euro/dollar is lower at 1.281. Support is at 1.260.
  • Gold is lower at USD1765. Support is at 1720.
  • Shanghai closed higher at 2,086.
  • Singapore STI closed lower at 3,058.
  • Ringgit is weaker at 3.074. Downside is at 3.09.
  • S'pore ringgit is higher at 2.501. Upside is at 2.540.
  • Malaysian market closed higher at 1636. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1620. RSI of 51, is on a buy divergence. Today's range is between 1630 and 1647.
  • CPO Dec futures is lower at RM2588. Support is at 2569.
  • Trading : TM ( 4863 : 6.18 ) : Take profit, AFG ( 2488 : 4.09 ) : Targeting 4.35/Stop loss 4.00
Source:Jupiter Securities Research, 01 October 2012

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