Fool Trader KLSE Research

Daily Summary - 22 Oct 2012

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Publish date: Mon, 22 Oct 2012, 10:21 AM
YOUR MORNING COFFEE ' Monday 22/10/2012

SUMMARY
  • Wall St closed 1.5% lower, weighted by a slew of weak earnings reports. Existing home sales up 11% from a year earlier, better than expected.
  • Dow of 13,343, is on a small pullback. Support is at 13,253. RSI of 44,
  • is weakening.
  • DOLLAR INDEX is higher at 79.6. Resistance is at 80.2.
  • Crude oil is lower at USD90.0. Support is at 88.0.
  • Dollar yen is higher at 79.3 yen. Support is at 77.6.
  • Euro/dollar is lower at 1.302. Resistance is at 1.3400.
  • Gold is lower at USD1718. Support is at 1700.
  • Shanghai closed lower at 2,128.
  • Singapore STI closed lower at 3,052.
  • Ringgit is weaker at 3.0570. Downside is at 3.09.
  • S'pore ringgit is higher at 2.4993. Upside is at 2.540.
  • Malaysian market closed higher at 1666. On the Daily chart, it is
  • targeting 1710 over a longer term. Support is at 1660. RSI of 65, is on a buy divergence. Today's range is between 1662 and 1672.
  • CPO Jan futures is higher at RM2511. Support is at 2316.
  • Trading : AIRASIA ( 5099 : 3.17 ) : Take profit, WTK ( 4243 : 1.10 ) : Take profit, MINHO ( 5576 : 0.59 ) : Targeting 0.66/Stop loss 0.57, PERISAI ( 0047 : 1.05 ) : Targeting 1.23/Stop loss 1.00
Source:Jupiter Securities Research, 22 October 2012

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