Wall St closed 0.6% higher, following the ECB's reiteration of commitment to bond buying program. Weekly initial jobless claims rose to 367,000. Focus is on this Friday's monthly job data.
Dow of 13,575, is stabilising. Support is at 13,360. RSI of 62, is rebounding.
DOLLAR INDEX is lower at 79.4. Support is at 78.7.
Crude oil is higher at USD91.7. Resistance is at 96.0.
Dollar yen is higher at 78.5 yen. Support is at 77.6.
Euro/dollar is higher at 1.301. Resistance is at 1.329.
Gold is higher at USD1792. Resistance is at 1900.
Shanghai closed higher at 2,086.
Singapore STI closed lower at 3,071.
Ringgit is stronger at 3.048. Downside is at 3.09.
S'pore ringgit is higher at 2.484. Upside is at 2.540.
Malaysian market closed higher at 1661. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1638. RSI of 64, is on a buy divergence. Today's range is between 1658 and 1668.
CPO Dec futures is higher at RM2356. Support is at 2330.
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....