Wall St closed 0.25% higher, following a better than expected job data. In September, 114,000 jobs were added. Unemployment dipped to 7.8%.
Dow of 13,610, is stabilising. Support is at 13,360. RSI of 64, is
rebounding.
DOLLAR INDEX is lower at 79.4. Support is at 78.7.
Crude oil is lower at USD89.9. Resistance is at 96.0.
Dollar yen is higher at 78.7 yen. Support is at 77.6.
Euro/dollar is higher at 1.301. Resistance is at 1.329.
Gold is lower at USD1777. Resistance is at 1900.
Shanghai closed higher at 2,086.
Singapore STI closed higher at 3,107.
Ringgit is weaker at 3.063. Downside is at 3.09.
S'pore ringgit is higher at 2.490. Upside is at 2.540.
Malaysian market closed lower at 1660. On the Daily chart, it is targeting 1710 over a longer term. Support is at 1638. RSI of 63, is on a buy divergence. Today's range is between 1658 and 1668.
CPO Dec futures is higher at RM2356. Support is at 2330.
Trading : GOLSTA ( 7105 : 0.90 ) : Take profit, IJM ( 3336 : 4.96 ) : Take profit, LATEXX ( 7064 : 1.79 ) : Take profit, KNM ( 7164 : 0.71 ) : Take profit
Source:Jupiter Securities Research 08 October 2012
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....